Gonzalo Vina reported for the Financial Times on our Degrees of Debt research.

Students in England graduate with higher debts, on average, than their peers in any other English-speaking country, including the US, according to research.

A comparative study carried out by the Sutton Trust, a group that campaigns for greater social mobility, showed the poorest British students run up debts in excess of £50,000 after completing their degrees.

……

Sir Peter Lampl, chairman of the Sutton Trust, said young people should now think hard about the whether it is worth going to university.

“The cost of going to university has become so expensive that more young people should seriously consider higher-level apprenticeships, preferably to degree level,” he said.

“By choosing this route they will earn while they learn, incur less debt and develop skills which are greatly valued in the workplace. We need more good apprenticeships to offer genuine alternatives to university degrees.”

Read his full report here (£)

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