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Very few of us have made proper financial provision for it, or can afford to.
He said: "Unless parents start to make real financial provision for their children, another generation of students will start their careers saddled with considerable debt".
Since the onset of the financial crisis SME lending has fallen 25% and financial provision for many parts of society has been severely limited.
We're bombarded every day with thousands of messages urging us to buy consumer goods, while those encouraging us to make financial provision for our future welfare are few and far between.
The publisher, which is facing more than 100 cases of alleged phone hacking, said that it would increase its financial provision for dealing with legal costs and payouts from £12m to £28m.
Only one in five people planning to retire in 2012 made any financial provision for ill health in retirement, falling to 15percentnt among those aged 65-plus.
Similar(36)
Divorce in India carries a huge stigma: there are few financial provisions for divorced women, and little legal support.
Regardless of the type of funeral, most people fail to make financial provisions for burial or cremation costs.
But the company, based in Derby, Britain, hinted last month that it had already made financial provisions for the costs of replacing the affected engine component as well as an eventual compensation agreement.
A man could not simply walk away after years of marriage without making financial provisions for his wife.
Another $60 million was set aside to provide scholarships for higher education for American Indian and Alaska Native youth, never mind that as part of the many treaty agreements between the tribes and the federal government always included financial provisions for the education of the Indian youth.
More suggestions(15)
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com