Research commissioned by the £556m Scottish Investment Trust into parent's savings habits suggests just 1% expect their children to contribute the full cost of tertiary education.
The other 99% are split between a combination of contributions from themselves and the student. One clear trend is developing: increasing numbers of parents themselves have had experience of holding down jobs while at university, putting more pressure on today’s students to do the same. Despite the trend, a third of 500 parents surveyed preferred their children not to contribute at all, SIT says. Among the options considered by parents for helping fund their children’s university education include: getting a better paid job, taking a second job or working overtime, encouraging thei...
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