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Bristolians Answer: Is students debt worth it?
National World - LocalTV
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12/07/2024
Over 100,000 people in the UK have student debt of over £50,000. Are you still paying back student debt? Is student debt worth it? Should the govt help people paying back student debt?
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Transcript
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00:00
Are you still paying debt? Were you ever paying student debt?
00:03
No, I'm retired so I don't pay student debt. One of my children is paying student debt
00:10
following going to university.
00:13
Do you think student debt is too high?
00:17
It should be affordable for the student, but students come out of university on salaries
00:23
probably £40,000, £50,000 a year, so I don't think it's unreasonable.
00:28
Out of that, they should be paying some of their student loan back?
00:33
Yeah, I think so. I think that figure's phenomenal really, why they're that much in debt,
00:37
and obviously if they're not going to pay it off until they get a proper job that they're trained
00:41
for. Yeah, but definitely there should be more in place. I think the fee should come down,
00:45
to be honest with you, because then they wouldn't get in the debt.
00:48
Do you think that kind of debt is worth it?
00:51
I've got friends who've had student debt, who've been to university, and they're not doing
00:54
any jobs to what they had their degree on, so no, sometimes it's not.
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