For many young people in Britain today, the decision to go to university is one of the biggest choices they will ever make. This is without necessarily taking proper account of the debt that going into higher education could give them, as students and parents underestimate the costs of a university education.

In our latest study in partnership with the AIC, we found that parents seriously misjudge the total debt that university will leave many students in, believing that their child’s student debt will be £17,965 on average, well below the figure given by the IFA at £44,000.

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