Student Debt

Student debt is a heavy burden for a growing number of young people. Life can be cruel. You work hard to expand your mind only to find that you've also got yourself into debt.

A government paper issued by the Department of Education and Skills estimates that average student debt will add up to around £15,000 for those beginning courses in 2006/2007.

By the time these students graduate, the figure could be considerably higher. Student loans cover only basic living costs and many students have to take out additional borrowing to meet their expenditure.

If you've run up significant debt with credit cards and loans, the future may seem bleak. Who wants to start out life with many thousands of pounds worth of debt to worry about? And how can you even think about buying the suit, the car, the house, with so much money to repay?

Don't despair. We may be able to help. Your student loan cannot be discharged by an IVA or bankruptcy. But that's not the end of the story. You may be able to slim down your additional debt with an IVA. We can advise you on the best and quickest route to financial freedom and a debt free future. Take the test now and find out if you qualify for an IVA.

Which debt solution is best for you? Find out now with our 60 second test.