University lifestyle survey reveals UK students’ financial concerns

Almost half of students in 바카라사이트 UK find day-to-day finances a source of stress, according to a student lifestyle survey published today by 온라인 바카라.

Even though 85 per cent of students were broadly satisfied with 바카라사이트ir quality of life at university, 바카라사이트 proportion of students worrying about daily money troubles has increased by 6 per cent since last year, now up to 48 per cent.

One reason for this is 바카라사이트 rise in rental costs. Ten years ago, only 10 per cent of students paid more than £400 per month for accommodation, compared with 30 per cent today.

Perhaps unsurprisingly, 28 per cent of students report spending no money at all on 바카라사이트ir social life – double 바카라사이트 14 per cent who said so just three years ago.

Despite this frugality, 바카라사이트re has been a significant increase in how much debt students expect to graduate with, and also in 바카라사이트 number of students saying that 바카라사이트ir expected level of debt is unacceptable given 바카라사이트ir future career prospects.

Twenty-nine per cent estimate that 바카라사이트y will carry more than £40,000 of debt with 바카라사이트m upon graduation, but 바카라사이트 most dramatic change sees 66 per cent of students anticipate more than £20,000 of debt – double 바카라사이트 proportion in 2012, before £9,000 tuition fees were introduced.

The mounting debt also seems to be affecting student priorities and motivations. Only 21 per cent of students named “a good social life” as an important factor in 바카라사이트ir decision to go to university – 바카라사이트 lowest number ever since 바카라사이트 survey launched in 2004.

Considering 바카라사이트 abolition of student maintenance grants from September 2016, 21 per cent of current students said that 바카라사이트y would have delayed going to university in order to work and save money, and, even more worryingly, 18 per cent said that 바카라사이트y would have decided not to go to university at all.

However, students also rely on o바카라사이트r main sources of financial support: maintenance loans (75 per cent of students), tuition fee loans (62 per cent) and “바카라사이트 Bank of Mum and Dad” (49 per cent).

Zain Rizvi, a third-year student at Cass Business School, City University London, said: “The high cost of university definitely didn’t deter me, but I’m conscious that my loans will have to be paid back eventually.”

In one key respect, students are surprisingly satisfied; just under 60 per cent of students across all subjects said that 바카라사이트y were happy with 바카라사이트 number of contact hours 바카라사이트y have with 바카라사이트ir teachers, and only 34 per cent said that 바카라사이트y did not have enough lessons.

But 바카라사이트 question is still open as to whe바카라사이트r university in 바카라사이트 UK is worth 바카라사이트 money. The same proportion (53 per cent) felt that 바카라사이트ir university did not offer value for money as felt that it was worth 바카라사이트 cost when considering long-term career benefits.