With an obvious increase in spending due to the pandemic Jacob Smith investigates if the high level of public debt is really something to be worried about.
COVID-19 and student debt: Is the system broken?
Money is a paradox for students. We are the subject of student discount but extortionate tuition fees. Thankfully there are loans to cover them. Like a safety blanket at the bottom of a 9,250-foot drop. […]
1 in 5 Young People Admit to their Finances Being ‘Out of Control’
Do you find yourself living in your overdraft, mindlessly spending and feeling like your finances are completely out of control? It’s likely that you do, as it has been revealed that 1 in 5 young […]
Ten Best-Paid Jobs for University Students, Surveys Suggest
Want a lucrative part-time job to see you through the academic year? Here’s a run-down of the 10-best paid jobs out there. https://twitter.com/shaylexo/status/1066465480599355392 There’s almost no point in saying it as we all know and […]
“Three or Four Universities” on the Brink of Bankruptcy
Student debt has been in the headlines recently. But it turns out that students who owe tens of thousands of pounds once they graduate aren’t the only ones who are struggling. With reports that three […]
The Zimbabwean Economy: From Mugabe to Droughts to Inflation to 2017
Under the ZANU party led by Robert Mugabe, Zimbabwe became an independent country in 1980, freed from British colonial rule. This naturally presented challenges to governance: how could Zimbabwe disinherit its colonial institutions and become […]
Will the New Budget Solve Our Debt Problems?
Last week, news broke that the Chancellor was looking at ways to fill a black hole of nearly £20bn in the public finances before the budget later this month. Recent analysis shows that the deficit […]
Student Loans Company Chief Sacked for Gross Misconduct
The chief of the Student Loans Company, Steve Lamey, has been sacked after a long investigation into his conduct and behaviour. Lamey was suspended in July and it was announced this week that his contract […]
University Refuses to Waive Fees Following Funding Scandal
Some of Nigeria’s brightest undergraduate students in the United Kingdom have had their funding withdrawn by the Nigerian government without their knowledge, leaving many facing deportation. The Nigerian High Commission confirmed that 152 students had […]
The long road to recovery for Puerto Rico
When Storm Maria hit the headlines, the newscasters focused on the damage done to the states it had affected in the USA. People watched the destruction in horror, shocked by the sight of homes and […]
Should We Really Be Scared of Student Debt?
Following a report from the Institute of Fiscal Studies earlier this year, it was revealed that over 70% of students who left University in 2016 are expected never to repay their student loans in full. […]
1 in 3 students can’t afford food
Study claims students are struggling to afford necessities and are having their health put at risk by high debt. New research has revealed that debt is adversely affecting students in ever greater numbers. The scrapping […]