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notes from a small island

curiouswombat in whirlybirds

Money, Money Money...

I wonder if the current credit squeeze on both sides of the Atlantic will make finances for our students harder?

Petzi sent me this link to do with student finance in the USA.

One British bank (HSBC) has already stopped giving interest-free over-drafts to students - I don't know about any of the others.

I have heard a rumour, unsubstaniated but from an ex-teacher, that our own I-o-M government might be going to means-test its payment of student fees in future.

::waits hopefully for daughter to get job in future to keep me in a manner to which I would like to be accustomed, after all this pay-out for her education...!::

Comments

Personally I think one of the most important things is for them to have some concept of earning - many of my daughter's friends have jobs for 15 or 20 hours a week, as well as attending lectures etc. D-d actually doesn't have a job during term time, but works full-time for much of her breaks.

There being money in the mix that they have earned helps them be more thoughtful about spending it, I reckon.
I agree -- being responsible for your own earning and spending makes a person much more responsible and adult (usually).

January 2013

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