10 REASONS WHY CLIENTS COME TO US:
UK STUDENT DEBT REACHING NEARLY £100 BILLIONS! (THE WEEK)
Students could be paying loans into their 50s – report By Katherine Sellgren, BBC News education reporter 10 April 2014. From the section Education & Family
Student debt rules out having a family, Metro, Thursday July 13
I studied science subject at university. I graduated in 2011 and work in a science health and safety field. I still have about £21,000 in student debt where I pay off mainly the interest every year. I will never be able to afford a mortgage or a child. This is the reality for a lot of young professionals. I think leaving the UK is probably my best option.
So the average student debt is £37,000 but students earnings are expected to be £43,000 after five years with a sixth expecting to earn £100,000. So they should be able to pay their debt within five years or so? Think twice before going to university, because it is a very ambitious, expensive and risky investment.
Grace is 25. Her student debt: £69,000, Guardian Newspaper, Tuesday, 11 July 2017
When Grace Parkins opened her first statement from the Student Loans Company she wasn’t prepared for what she saw. After four years studying she discovered she was now more than £69,000 in debt.
Professor Andy Green, a specialist on learning and life chances at the Institute of Education, says the current loans system is “morally indefensible”. He says: “This generation in many respects is doing worse than their parents and it looks like they will continue to do so into their 30s and 40s. When they enter middle age and around two-thirds of them still can’t buy houses, and they are paying back large amounts on their graduate loans, that will be a big issue. There is a crisis brewing.”
A new analysis published by the Institute for Fiscal Studies last week found graduates in England left university with the highest student debts in the developed world.
It calculated the average student would leave university with a debt of more than £50,000 – rising to an average of £57,000 for the poorest, who borrow more for their living costs.
US STUDENT LOAN DEBT CHART
1.344 trillion US Dollars by 2016 and growing!
US GRADUATE DEGREE COSTS
According to a study that was conducted by the Wall Street Journal, students who are attending [post] grad school will incur higher degrees of debt. In fact, the study has revealed that the average graduate debt acquired throughout a student’s career is $43,524 with a total of 831,645 students in the U.S. in debt in 2011.
EXAMPLE - UNIVERSITY OF PHOENIX MBA DEGREE COURSE TUITION FEES
Requirements and prerequisites
You'll need 36 credits to complete this program, which may be earned from a combination of required and elected courses. Required courses may vary based on previous experience, training or transferable credits.
Tuition (per credit)
36 credits x $740 = $26,640, Basic tuition fee
Then, add resource fee; $165 x 36 = $5,940 extra resource fee
TOTAL FEE PAYABLE BY STUDENT: $32,580 during a 2-3 year period
COMPARE THE FIGURES ABOVE WITH OXBRIDGE UNIVERSITY OF KILMURRY’S PRICES:
Bachelor Degree: 24 - 30 months' duration. Cost: $9995 US Dollars;
Master Degree: 12-18 months' duration. Cost: $7995 US Dollars;
Doctorate Degree: 18-24 months' duration. Cost: $8995 US Dollars;
JOIN OUR INCREDIBLE AND AMAZING UNIVERSITY AND AVOID BANKRUPTCY AND STRESS RELATED ILLNESS!
Professor Dr Abe Abrahami, Dean/CEO
Oxbridge University of Kilmurry© (OUK)
Telephone: +44 741 26 35 455
Skype name: Abe-Abelson
Fast Forward Your Degree with OUK: WHY NOT TAKE A RECOGNISED DEGREE WITH US AT A FRACTION OF THE COST OF WHAT OTHER UNIVERSITIES CHARGE? WHY NOT PARTNER WITH US?
Above information was correct as of 25 Jul. 17. OUK is not responsible for any changes to this information or its removal from the Internet.