Going to university can cost more than £7,000 a year when you take into account tuition fees, accommodation, food, transport and socialising. IFAonline asks top advisers what parents can do to save enough money to fund their child's further education.
Richard Cook is managing director of AVD UK The 2009 pre-budget report indicated for the first time in a decade that universities are expected to cut almost £400m from budgets in 2010/11. Just to add more fuel to the fire, there have also been calls to stop subsidised tuition fee loans for higher earning families. And although not yet officially announced, experts predict the change will be aimed at households with annual incomes of more than £25,000. With this in mind, it is easy to see the middle classes are likely to be hit the hardest, especially as the current £3,000 per year tui...
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