University Education Student Load/Parent sponser

[rahulm]

Hi,
What is the best approach considering all aspects
[kids future/use same for investment]

1. To get an education loan while in university
2. We parents pay all the Degree fees?

What are the goods and bads of education loan
Which approach is better

Generally it’s considered better that they take the loan, and that you help them with car/house deposit etc.
But it depends on what they’re likely to earn - for a small proportion of students it would be better to have no debt.
Dont forget if you don’t want to use student finance you’ll need to cover tuition costs of £9,250 a year plus living costs, so you could be looking at around £20k per year.