This is a tough month for parents of teenagers in England. Sixteen-year-olds are taking their GCSE exams and 18-year-olds have their A levels. The former are tough exams, the latter are really tough. And when they do well, things can get very expensive.
If your children get into university with their hard-won As and Bs, their tuition fees are going to come in at £9,250 ($11,475), the maximum price universities can charge and therefore what most do. Living expenses come on top. There is a student loan scheme that allows students to borrow to cover most of it. But you won’t ...