An educational initiative has been held to help university goers taking out a student loan gain a better understanding of the financial implications of heading into higher education .
Student Finance Day took place yesterday (November 14th) and was organised by the Independent Taskforce on Student Finance.
As part of proceedings, money education body Credit Action - which was established in 1994 and is a registered charity in England and Wales - sought to speak to more than 1,000 would-be undergraduates to help them learn more about the rising cost of tuition fees.
Bushara Raja, education officer at the group, said the organisation is delighted to support a scheme of such importance.
The industry figure explained: "There is a clear need for financial education amongst today's youth - such action promotes the importance of making decisions based on facts not fear."
Student Finance Day not only aimed to better educate scholars about the changes to the tuition fee system and the impact this would have on their student loan requirements, but also to help parents and teachers get a clear understanding of the matter as well.




