Survey shows that university students can’t make ends meetPosted: 30th of June 2015 by
A survey of nearly 2,000 undergraduates carried out by Save the Student has shown that the majority of university students are short £265 every month.
University students receive a maintenance loan (at least for now), but this averages about £400 a week which will often not even cover their rent.
Many undergraduates drop out of uni or move home if they can so that they don’t need to pay rent. The survey showed that of those who stayed at uni:
71% relied on money from parents to buy food, books, pay for travel, meet their rent etc.
65% had part-time jobs that they did to try to earn the money needed to live
45% worryingly used their overdraft
14% are using credit cards
7% sell their bodies to raise cash
3% access payday loans with extortionate repayment rates.
How young people feel about the costs of uni
Many of the young people that we speak to feel strongly that education should not be something only the wealthy can access. On top of this many undergraduates don't feel that they even get good value for money. It’s all very well saying that anyone can go to university but when you’re there the fact is that some undergraduates get to go about their studies free from the worry of making ends meet or living off value noodles – they get to spend their time focused on learning and so are more likely to achieve a higher grade in the end than those undergraduates from less affluent backgrounds who are working nights instead of getting a good night’s sleep or studying and eating food which we know is not conducive to brain power.
If you are worried about the costs of university, perhaps you should investigate higher education qualifications that you can study at your local college of FE and take a look at apprenticeships as an alternative to university study.
When you are looking for an apprenticeship, or your first job, it’s probable that most of your attention will be focused on landing the role. ...
Applying for an apprenticeship can be a very competitive process and many organisations use video interviews as an initial screening process. Most...