Debt help: Apprenticeship funding boosts opportunities for youth

27/01/2010

Graduates and young people struggling with debt could be helped into employment by a new apprenticeship drive.

The National Skills Academy for Financial Services (NSAFS) is encouraging employers to recruit school leavers and young people.

Offering training schemes to young people is a vital way of boosting their employment prospects, but it can also offer a lot to a business, the NSAFS has said.

The Investing in Young People initiative can make apprenticeships even more beneficial by offering financial incentives to apprentices and employers.

In 2010-11, the initiative is offering £8.5 billion in funding to 16-19 year olds to encourage the take-up of training placements.

There are currently around 1,000 apprenticeships operating through the NSAFS with a variety of different roles available to young people.

In such a difficult economic climate, opportunities such as these can provide a lot of help to young people who need to get onto the career ladder.

Tags; Recent Graduate Debt,

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