Student Financial Health: Navigating Loans And Credit for United Kingdom Residents
The financial burden of higher education in the UK has become a challenge for students. Tuition fees have steadily risen over the past decade, with the average cost for full-time undergraduate students in England reaching £9,250 per year in the 2023/24 academic year.
This, coupled with the rising cost of living—a recent survey by Save the Student found that 64% of students struggle with accommodation costs alone—creates a considerable financial strain.
Financial literacy plays a huge role in coping with such challenges. That’s why understanding how to manage money...