Press & PR

Students are not financially clued up when they travel to university and could potentially make poor decisions, it has been suggested.

The National Union of Students (NUS) claimed that under current conditions students are not receiving adequate financial advice, meaning that large corporations could take advantage of this naivety to draw in their business.

A spokesperson said: "Bearing in mind that an awful lot of students when they leave to go to university are experiencing their first time away from home ... it would seem sensible that they were given more financial advice."

Earlier this month Noodle Mobile claimed that some students are paying over the odds for their mobile phone contracts, losing out on a collective £20 million per month, Easier reported.

However the Times recently suggested that VoIP products could be one way for students to make cheap calls and therefore save cash. The Vonage V-phone is a VoIP-enabled device that allows students to keep in touch by offering cheap calls and is small enough to fit onto a keyring.