It is important to take into account your financial situation when considering whether to go to university, an expert advises.

Grant Hughes, director of Charlwood Leigh, asserts that university can be positive - but that individuals must decide whether they can afford it.

One way of funding a degree could be to obtain a secured loan, which can provide cash for a variety of purposes.

"It's obviously a good thing to go - and the government should pay for it, especially if they want everyone going to university," Mr Hughes comments.

"At the moment there are too many people going and once they have finished a lot are still unemployed."

Recent debt statistics from Credit Action reveal that the typical student leaves university owing some £12,363 - while the majority (54 per cent) owe at least £10,000.

Secured loans could be an option for concerned parents wanting to help fund their child's degree.ADNFCR-1287-ID-18354835-ADNFCR

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