Many future students taking a year out between sixth form and university are choosing to tackle their debt in advance, it has been revealed.

With growing concerns about the size of student loans and the level of debt with which many young people leave university, a number are shunning the year in the sun in order to build savings, NatWest states.

It has published the results of research revealing that more than 50,000 such youngsters plan to work out a year in order to lessen the debt they accrue while undertaking further study.

Mark Worthington, head of NatWest Student Banking, said: "It is ... encouraging that young people are thinking ahead and using their gap years as a valuable opportunity to save for their future studies."

In recent news, the Halifax Student Finances survey showed that the average debt built up by those in ongoing education through loans, overdrafts and credit cards stands at £7,502.ADNFCR-1287-ID-18317586-ADNFCR

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