Certainly if I were a full-time student I would be worrying about the extent of the debt building up.
I know this because I have just seen student loan statements received by my son and daughter.
Each of them receives an advance from the Student Loans Company of approximately 1,400 a term - that's an annual sum of around 4,200. My son's course is four years duration, so the total advance reaches 16,800.
And remember, students are also charged interest. So my daughter is already being charged in excess of 20 a month, and she is still in full-time education. The loan just keeps growing. Most students also have a bank overdraft and many borrow from other sources just to make ends meet.
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