Students could be increasingly concerned about loan charges, statements from a specialist have indicated.Royal Bank of Scotland (RBS) head of student accounts Judith Fraser pointed out 84 per cent of Brits think university attendees are under "too much financial pressure".A third of students claim that paying off loan claims and other debts will take them as much as ten years, while owing increasing sums of money while in higher education is now considered a "fact of life", she continued.Furthermore, 60 per cent of people at university say they do not feel like they are ready to manage their finances, the specialist remarked.RBS NatWest research also found that nearly two-fifth of students are paying or have paid off fees and debts by working part-time during their studies.Ms Fraser noted that being a student is often the first time that a youngster has had to manage their cashflow and budget, although the current batch of university attendees will have to deal with a money situation that is "tighter than it's ever been before".Charles Baker Charles is a reputed financial analyst with decades of experience under his belt.
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