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Money lessons

Thursday 22 April 2004 00:00 BST
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New research from two psychologists at Royal Holloway, University of London, shows that students experiencing financial difficulty at university are more likely to be depressed than those who are not.

New research from two psychologists at Royal Holloway, University of London, shows that students experiencing financial difficulty at university are more likely to be depressed than those who are not. Common sense, you might say. Who wouldn't feel blue if they had run up a big overdraft at the bank as well as the student- loan debt? The big question is how to get young people to manage their finances better. There is plenty of anecdotal evidence to suggest that some students are not careful enough with their money, and that peer-group pressure and interest-free overdrafts encourage them to splash out unduly. How about tutorials in personal finance?

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