Credit card debt driving Scottish students to work

With large debts, students working more hours than recommended


Consumer Credit Act

College and university students in Scotland are taking up part-time work alongside their degrees in order to deal with commercial debt.

That is according to a new poll by the National Union of Students (NUS), which found that more than half of students north of the border have credit card debt or an overdraft.

In addition, two-thirds of students owe their family and friends money and 61% are in debt as a result of their student loans

This has led to a situation where over 70% of students work more than 10 hours per week, even though the Student Finance: Fairness for the Future report of 1999 recommended that full-time students put a 10-hour limit on their working week.

More than eight in 10 students polled added that they work alongside their degrees in order to cope with their financial obligations, while only 11% said they undertook employment to boost their skills.

"The government is absolutely right to be concerned about student debt," commented Liam Burns, president of NUS Scotland, calling for additional student support from the authorities.

Published: 12 August 2009