77% of UK parents anxious about university costs, 84% of students worry about living costs.
A survey by Aviva reveals that 77% of UK parents are anxious about university costs, expecting to need around £40,000 but having only £11,000 saved. Many plan to reduce expenses or take out loans to support their children. Meanwhile, a Nationwide study shows 84% of students worry about living costs, with only 16% feeling excited about managing finances. Nationwide is collaborating with social media influencers to provide financial guidance to students.
September 12, 2024
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