According to NatWest, students about to start university will pay around £9,000 each year, just for the cost of their course and day-to-day living costs. Many students also believe they will run up debts to the tune of £13,000 after a 3-year course that will take them 10 years to repay.
In terms of parental financial support, apparently almost 35% of students receive nothing. Whilst 80% of students claimed they would be prepared to take on a job of some sort, to provide additional income, the actual amount of students that take up jobs is around 35%.
Our View
University is seen by many as an extra three years of beer and fags before entering into the grown up world of work. This gives people a bad impression of university life and the genuine students a bad name.
Whilst we do agree that everyone should be entitled to receive further education, we believe that there has to be at least some commitment from students to attend classes and do the work.
Many parents will help their children by putting luxuries on hold, such as holidays, cars and early retirement.
If students genuinely want a better education, then be grown up enough to look at the costs involved and work part-time before hand to save for the costs that are coming.