| |
Share, Like & Tweet!
|
|
|
< back to news stories
Might Parents Support University Education Through Equity Release
22/07/2010
A report from Sainsbury’s Finance revealed that people took out loans worth £37 million to
help pay for education over the past 12 months.
It has since been claimed that cutbacks in funding for education has resulted in many
students paying for items they would not have done previously.
Head of policy at the University and College Union, Paul Cottrell, explained that students
have been required to pay for things like field trips which used to be included in course fees.
He said: "That tends to be compounded further by the difficulty of students trying to get part
time work these days because of the recession; the competition for jobs is higher so they
don’t even have a small income to support their living costs."
Homeowners aged over 55 years who would like to know how much money the value of their
property could release to help support their children’s’ university education can find out by
contacting therightequityrelease.co.uk for equity release advice.
|
| |
|