Students to graduate with £23,500 debt
Students starting university this year can expect to graduate with debts of up to £23,500, according to research.
Research from Push, the university guide, found students currently owe an average of £5,000 for every year of study.
But the cost of higher education is set to rise by more than ten per cent over the next few years, landing students who are starting this year with a record debt.
If the government lifts the existing £3,100 cap on tuition fees, the average debt could be even higher.
Johnny Rich, editor of Push.co.uk, said: "These figures beg the question whether we've now passed the point where students can be expected to stump up any more towards their education."
Students in England owed considerably more than those studying in other areas of the UK, the study revealed. Average debt per year in England was £5,271, compared with £4,324 in Northern Ireland, £4,021 in Wales and £2,194 in Scotland.
Separate research by the NUS suggests some degrees have higher costs than others, with costs for equipment or books varying for example.
Students of maths and computer science spent the most - an average of £1,430.40 per year on books and equipment - while those training to be teachers only have to pay £432, the study claimed.
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