Often overlooked and forgotten about, news editor Isabel Baxter explores if student debt should play a bigger part in financial advice conversations…
For those with student debt, it can be often overlooked because there is nothing to repay initially in the early years post-graduation. However, as the balance continues to grow, it can become more of a concern. This usually means that by the time graduates are earning enough to save, they may also be repaying a debt that may never be fully cleared. St James's Place head of advice Claire Trott tells PA that conversations are often held with parents to try to avoid debt altogether or minimise it where possible. "Many want their children to start their careers debt-free. While this i...
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