27 August, 2010
As thousands of young people across England are celebrating obtaining a place at university, many parents with younger children will be dreaming about their own children going to university. Now is the time for those parents to take action to help ease the burden on their children later in life.
As student debt levels for those starting university this year is expected to be on average £25,000, parents could help prevent the misery of student debt by planning now for such expenditure. By saving or investing over a sensible period of time parents can protect their children from such debt and prevent their dreams from turning into potential financial nightmares.
For further information on how you can save or invest contact Peter Toner, Financial Advisor on 01772 220022.