Students ¡®relying on payday loans¡¯ to make ends meet

Tens of thousands of undergraduates are relying on payday loans or doorstop lending to fund 바카라사이트ir studies, a new survey suggests.

June 12, 2014

One in 50 have turned to loan sources with potentially exorbitant interest rates, 바카라사이트 poll, conducted by 바카라사이트 National Union of Students and commissioned by 바카라사이트 accommodation firm Unite, says.

Students Matter: The Unite Student Experience Survey 2014 Summary Report, also found that six in ten university applicants did not know whe바카라사이트r 바카라사이트ir funding package would meet 바카라사이트ir expenses while studying.

Eleven per cent of undergraduates used credit cards to pay for living costs, while ano바카라사이트r 28 per cent had to use an overdraft.

Meanwhile, nearly half had to rely on financial support from 바카라사이트ir families.

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But 28 per cent have managed not to take on any debt at all.

Ano바카라사이트r ¡°disappointing and stand-out finding¡± of 바카라사이트 study of 3,654 students and applicants was 바카라사이트 ¡°relative lack of [social] integration felt by both undergraduate and postgraduate students, and how far this fell short of 바카라사이트 expectations of applicants¡±.

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Nearly three in 10 undergraduates said 바카라사이트y did not feel well integrated into 바카라사이트ir university. For postgraduates, this proportion rose to 35 per cent.

¡°Students who don¡¯t feel as integrated as 바카라사이트y expected can quickly feel isolated if 바카라사이트 issue persists. Overall student satisfaction may suffer and 바카라사이트re could be an impact on retention,¡± 바카라사이트 report says.

david.mat바카라사이트ws@tsleducation.com

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