Go Higher: Parents Dig Deep to Finance Student Life ; the Cost of Higher Education Is Putting a Heavy Strain on Many Family's Resources, Says Sarah Jewell
Jewell, Sarah, The Independent (London, England)
Students have never been more dependent on their parents for financial help. Every penny that their parents can give them is gratefully received but what is the best way for parents to support their debt-ridden kids?
Kerstin Pereira runs the students union advice centre at Hull University and says: "Parental help depends on the relationship between parents and children and what the parents can afford. Some parents pay their children regular sums of money throughout the year, others make an occasional contribution while others will pay for their child's accommodation for the whole year." In her view the most important thing is for parents to "help their children understand about good budgeting, whether that means giving their child a regular allowance or coming up and taking them to Tesco. Parents need to do what is best for their child."
Craig Hopper, 20, is at Liverpool University doing a degree in mechanical engineering. He is now in his second year and is about pounds 4,500 overdrawn. His parents have helped him out as much as they can but they do not have much spare cash and it has been difficult for them, as Mrs Hopper explains: "Both me and my husband work at the local factory and we work shifts. We have both been doing an extra day a month to pay for Craig's tuition fees and to send him pounds 100 a month. We don't mind the extra work because we think if he gets his …
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Publication information: Article title: Go Higher: Parents Dig Deep to Finance Student Life ; the Cost of Higher Education Is Putting a Heavy Strain on Many Family's Resources, Says Sarah Jewell. Contributors: Jewell, Sarah - Author. Newspaper title: The Independent (London, England). Publication date: October 8, 2000. Page number: 11. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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