Topless model blew £14k student loan on boob job and Botox after pretending she wanted to study - Mirror Online

It seems that this has a bit of a history:

Graduate spends £10k student loan on cosmetic surgery and becomes a model | Daily Mail Online

For dear old Freako, this relates to university "students" investing their loans in breast enlargement rather than books* & beer.

*I don't think many of them buy books any more though. More beer. Mmmmmmmmmm. Beer. Mmmmmmm.