By the time a barrister first addresses the bench, he or she could have debts of £60,000. Alexander Learmonth considers the young Bar’s debt problem.
Lord Neuberger’s Entry to the Bar working group assumed that students could leave university as much as £30,000 in debt. The average, according to the PUSH student debt survey (see www.push.co.uk), is £14,452 for students in England, increasing by about 10% per year. The cost of the Bar Vocational Course (BVC) year was estimated at a further £25,000. That’s a fair estimate: some providers are now charging as much as £14,495 for the year, which includes the Bar Standards Board’s validation fee of £395.