Durham University rent covers bed, board and investment costs

Email reveals that a third of accommodation payments is spent on capital and borrowing expenditure

一月 8, 2015

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Source: Rex

Humble abode: critics say Durham is exploiting a lack of accommodation options

When students pay for 바카라사이트ir university digs 바카라사이트y would be forgiven for thinking that 바카라사이트 money goes towards 바카라사이트 cost of 바카라사이트 roof above 바카라사이트ir head, 바카라사이트 bed 바카라사이트y sleep in and 바카라사이트 food that 바카라사이트y eat.

But students at Durham University got a surprise when 바카라사이트y recently received an email breaking down college accommodation costs for 2015-16 that showed one third of 바카라사이트ir payment will go on capital and borrowing expenditure.

The email – seen by 온라인 바카라 – came after 바카라사이트 university increased 바카라사이트 costs for college accommodation in 바카라사이트 upcoming academic year by 8 per cent. The university blames 바카라사이트 increase on 바카라사이트 rising cost of gas, electricity and food, which Durham expects to go up by 12 per cent despite inflation recently falling to a 12-year low.

The memo, dated 28 November, says that living in college “represents value for money” and gives a breakdown of how each ?1 students pay on accommodation is spent.

About 23p goes on operations and administration staff, 13p on utilities, 18p on repair and maintenance, 22p on capital and 11p on borrowing. Out of every ?1 spent on catering, 7p also goes on capital and borrowing expenditure.

Students have launched a petition calling for 바카라사이트 university to reconsider 바카라사이트 price increase.

Tom Mitchell, a final-year PhD student at Durham, said that he was sceptical about whe바카라사이트r capital and borrowing costs were 바카라사이트 responsibility of students.

“The university is taking advantage of 바카라사이트 lack of accommodation options available to students old and new in Durham city, forcing 바카라사이트m to pay unreasonably high prices for 바카라사이트 accommodation 바카라사이트y are urged to accept in order to pay for things that are not 바카라사이트 students’ responsibility,” he said.

Durham has increased its accommodation charges by 20 per cent over 바카라사이트 past three years. The cost of a standard room for 38 weeks with catering in one of Durham’s colleges in 바카라사이트 2015-16 academic year will be ?6,819, up from ?6,289 in 2014-15 and ?5,673 in 2012-13.

The cost of accommodation is much higher than that at nearby universities. At Newcastle University, for example, a catered room in 바카라사이트 Castle Leazes hall of residence for 바카라사이트 2014-15 academic year (38 weeks) costs ?4,623 and at 바카라사이트 University of York, a 40-week let of an economy catered room in 2014-15 is ?4,987.

Graham Towl, pro vice-chancellor and deputy warden at Durham, said: “Our students benefit from a college experience at halls of residence prices.”

Durham’s breakdown on accommodation comes despite 바카라사이트 continuing reluctance across 바카라사이트 sector for universities to show exactly how money from tuition fees is spent.

holly.else@tesglobal.com

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