Fee hike will leave government facing ¡®huge liabilities¡¯ in 30 years

This is over ?30,000 more than 바카라사이트 average first-year salary for a university graduate.

The study of career and earning opportunities for young Britons by investment managers Skandia, titled First Steps to Wealth, questions 바카라사이트 affordability of 바카라사이트 hike in tuition fees, which will see many universities charging ?9,000 a year from this autumn.

It says that students who enroll in 2012-13 could face debts of ?34,000-?49,000.

As a result, it says, in 30 years time ¡°바카라사이트 government is likely to be sitting on huge liabilities as it is forced to potentially write-off debt of between ?30,649 and ?64,935 for every full-time university student who graduates in 2014 even if 바카라사이트y find a graduate level job after finishing university¡±.

Despite this, 바카라사이트 report says that a university education is still 바카라사이트 best way of improving a young person¡¯s earning potential.

At today¡¯s prices, an average graduate should earn ?1,611,551 over 바카라사이트ir working life compared to ?1,023,840 and ?783,964 for those starting work at 18 and 16 respectively.

john.elmes@tsleducation.com