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Top firms 'helping graduates meet debt'
Thursday, 18 September 2008
Life after graduation
People who manage to secure graduate jobs at the UK's top firms could see some of their student debt paid off, it has been claimed.
According to Richard Lambert, director-general of the Confederation of British Industry (CBI), "a number of companies" offer support to new employees by paying for some of their "accumulated tuition fees", reports the Financial Times.
Some graduate employers were even going as far as to finance courses entirely, he added.
Mr Lambert was speaking after the first meeting of the CBI's new Higher Education Task Force.
According to the newspaper, a representative of energy firm Centrica stated that all graduates who start work at the firm are paid a bonus of £2,100 which is expected to be used to help clear debts.
Meanwhile, financial services firm PricewaterhouseCoopers has been named as the UK's top graduate employer for the fifth year in a row by the Times.