Education loans are given to students for studies in academic field or for further higher studies. As education has become very expensive in UK costing in $ many homes need to avail the education loan along with their other loans. Home loans are repayed over a span of twenty or thirty years depending on the age of the borrower residing in UK. In the beginning years when the family is small and children are of young age schooling costs can be adjusted but as children grow adolescent age and their educational needs increase from higher education like medical, engineering or even further a post graduate degree or Management degree their financial needs increase many fold. We all know how even the most good financial background families agree that higher education does leave a hole in their monthly finances as cost of living is high in UK. Here education loans are a boon for many families who allow the student...