The demand for university places has remained strong across Australia, with the proportion of people that have a degree continuing to grow.
New figures released by Roy Morgan Research have indicated that as of June 2012, 26.4 per cent of the population (over the age of 14) have successfully earned the qualification.
This is a significant rise on June 1998, when just 14.7 per cent of the nation held a degree.
It highlights the increasing importance of further education at a time when a lot of people are thinking twice before heading to university.
Times are hard for a lot of parents and some simply cannot afford to support their children throughout their studies.
Of course, there are ways for youngsters to keep their student bank accounts topped up.
Getting a part-time job is important and it is also crucial to get the most out of your bank – so don't be afraid to look for the best deals on overdrafts and credit offerings before committing to an account.
Have a question about student bank accounts? Ask the money gurus at Mozo Answers.