As the majority of the public struggle within this industry, it is even harder for the students. While racking up huge debts to enable them to study to achieve that dream job, with wages which they intend to one day pay for that dream house, they can’t even leave their bedroom in mum and dads house because they have no money. While many young people wish to leave their parents abode, they simply can’t afford to. The average graduate debt after leaving university last year was in excess of £13,000. This is set to get even worse due to the controversial decision by the Labour party to introduce tuition fees (which rack up to £3,000 a year!). With these added up for three years, and including the current charges, it comes to a whopping £22,000 of debt before they have even begun working. Things are set to get worse before they will even begin to get better, however. The UK is rapidly heading towards a US university model which will mean future graduates may have to pay £7, 000 or more a year in fees. The average debt for a three year course may be £21, 000 for fees alone. Coupled with student loans, a student may leave university owing upwards of £35,000.
