Doctors and lawyers will be the only UK graduates who can pay off their student debt, warns the Centre for Economic and Business Research , with a "majority" unable to pay off the debt entirely before they are written off after five-year . "Many of the other professions, including the relatively well-paid ones, never manage to pay off the loan because it can easily rise at a faster rate than salaries," says the report, adding that "families need, like never before, to look at ways of offering support," thereby adding further strain to the Centre for Economic and Business Research . " This comes as Durham , Kent and Royal Holloway universities announce plans to hike the fees above £9,000. Middle-income students eligible for £7,023-a-year maintenance loans accrue around £52,000 worth of A recent report by the Centre for Economic and Business Research reveals that 37% of 2,000 UK graduates now regret attending university due to the debt incurred.
Doctors and lawyers will be the only UK graduates who can pay off their student debt, warns the Centre for Economic and Business Research , with a "majority" unable to pay off the debt entirely before they are written off after five-year . "Many of the other professions, including the relatively well-paid ones, never manage to pay off the loan because it can easily rise at a faster rate than salaries," says the report, adding that "families need, like never before, to look at ways of offering support," thereby adding further strain to the Centre for Economic and Business Research ." This comes as Durham , Kent and Royal Holloway universities announce plans to hike the fees above £9,000. A recent report by the Centre for Economic and Business Research reveals that 37% of 2,000 UK graduates now regret attending university due to the debt incurred.