Graduate debt increases

Students who entered higher education within the last year will see their average annual debt hit £4,500, a new survey suggests.

This could mean that, by the time it comes to leave university to find their first graduate jobs, current students could end up owing around £17,500, said a survey conducted by university and graduate advisors Push.

It also found that students in the most debt were from England and spent an annual average of £4,729, 10% more than last year, according to the BBC.

Scotland was second highest-priced place to study, with students owing an average annual sum of £3,453.

Johnny Rich, Series Editor of Push, said: 'The advantages of having a degree still outweigh the costs and the Push survey shows that […] students can keep their debts while still enjoying the benefits of university.'

Recently, the Scottish towns of St Andrews, Glasgow and Edinburgh were named among the most expensive for student rent costs by accommodationforstudents.com.