Friday 11th July 2008
No matter which degree course a prospective student chooses to follow, an interest in economics may be advisable.
Lucy Payne, youth manager at financial services provider HSBC, explains that budgetary considerations are likely to play a growing role in which universities Britons apply to.
"You really have to think about your income and expenditure if you dont want to struggle for three or four years," she advises.
This, she notes, represents a change from the days when university was seen simply as a way to get as far from home as possible.
Indeed, Ms Payne adds that staying close to home could be a tempting proposition in order to minimise transport costs.
Young adults have recently been given access to advice from the Financial Services Authority via its What About Money information site.
The industry body reports that its own research has found four-fifths of British youths to be in debt by the age of 21.
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