£189,000 in Student Debt

That's right, it's official, the largest student debt accrued by a student in the UK is £189,000.  Go here to read about it.  

 

Shoulda bought my book, that's all I can say about this.  

I feel terrible about the fact that so many students are left with huge amounts of debt - and this is happening on both sides of the Atlantic.  See also:  Millennials Will Die in Debt - a prediction from Dr. Boyce Watkins of the Black Financial Channel.  

 

I believe young people of today (of all racial and cultural backgrounds) are being robbed of their futures.  That is the main reason why I wrote Shaking the Money Tree.  

Ever since the maximum universities in the UK can charge was raised to £9,000 per year, students have been acquiring mountains of student debt, some of which will never be paid off.  Of course, this has long been the case in the U.S., where there is NO maximum tuition fee.    

 

Those who graduated in 2020 took out an average of £45,060 in student loans, but many of them ended up six figures in debt when you add in interest payments.  One student said that poorer students accrue the most debt.  Student debt has been called a "graduate tax".  

My ebook, Shaking the Money Tree, explains how you can raise money for your tuition.  Go here to download it now, If you are a student, or you have a student in your life, you need to download it now before the price goes up.  

See also:  FREE download, Avoid Student Debt.  

 

Did you avoid student debt?  If so, how did you do so?  Please comment below and please share.