NUS: Students are not given enough financial advice by Finance News Bulletin

Published: 29/10/07

The nationwide Union of Students (NUS) has claimed that more financial advice should be known to students to help them avoid high levels of money owingAccording to This is Money, students graduating this year face a total amount overdue of £32 billion, on behalf of an increase of 167 per cent on 1997 - the year before student loans were introducedWith debt levels rising, a spokeswoman for the NUS supposed that more needs to be done to guide students in monetary matters

"We always look to give financial advice, in that we present students rights leaflets, money advice and those kind of belongings, but with financial teaching nothing substitutes them being sat down and [encouraged to think] about how to handle money," she supposedHSBC recently backed down from plans to create charging interest on its

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