Students can owe parents a debt of gratitude

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with the average graduate debt now £10,000, parents considering saving for university fees should take a look at an offshore life plan

For many young people, thoughts will soon be switching from holidays and the warm weather to their imminent return to an educational establishment. And those going back to university may have more than their studies on their mind. The BBC News website recently reported the results of a NatWest survey, which found students graduating this summer were expected to have debts of at least £10,000. The prospect of such a debt may be detrimental to the student, because it could mean they have to take on a part-time job while studying or, once their studies are complete, they choose a job based ...

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