SPRING 2014ISIS Magazine62

University education now costs far more in real terms than it ever has. These costs can often arrive at that time of a parent’s life when they are enjoying a higher salary and may possibly find themselves in a senior position. One may picture

a wonderful time of life when the benefits of a respectable income can be enjoyed. Unfortunately the reality can often be very different and invariably many parents can find themselves living hand to mouth or having to sell assets

in order to fund their children’s further education. Borrowing to facilitate these fees is not a favourable option at such a late stage in one’s working career.