With tuition fees rising, saving for a child's university expenses has taken on new significance, writes Standard Life International's Ian Searle
From next year, tuition fees at some universities in England, Wales and Scotland will be set at £9,000. Combined with living costs, this means attending university can be an expensive pursuit. Which, of course, has created a new headache for parents, who will have to work out if they want – or can afford – to contribute to their child’s university costs. They have to consider saving for the entire cost of their child’s time at university or a partial sum to help pay for an isolated cost such as living expenses. Alternatively, they may consider letting their child take a student loa...
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