Menu
18/08/2009
Students Face Soaring Debts
Students enrolling in university this autumn will graduate with debts of up to £23,500, according to new research.
The Push Student Debt Survey of 2,024 students in years one to four of their course found undergraduates now owe on average more than £5,000 a year and debts are rising.
Undergraduates finishing the first year of study can expect to owe £21,200 by the time they graduate.
Students completing their third year of study owe £13,874.
Debt levels vary between regions and institutions with students in England owing considerably more than those in other parts of the UK.
Average debt per year of study in England is £5,271, £4,324 in Northern Ireland, £4,021 in Wales and £2,194 in Scotland.
Johnny Rich, editor of Push.co.uk, blamed the recession for partly fuelling rising student debt.
He said: "Finding part-time work has got harder and many students are facing real financial hardship and are worrying about what lies ahead. Even so, the advantages of having a degree still vastly outweigh the costs.
"These figures will give next year's review of student funding a real headache. They beg the question of whether we've now passed the point where students can be expected to stump up any more towards their education."
(GK/KMcA)
The Push Student Debt Survey of 2,024 students in years one to four of their course found undergraduates now owe on average more than £5,000 a year and debts are rising.
Undergraduates finishing the first year of study can expect to owe £21,200 by the time they graduate.
Students completing their third year of study owe £13,874.
Debt levels vary between regions and institutions with students in England owing considerably more than those in other parts of the UK.
Average debt per year of study in England is £5,271, £4,324 in Northern Ireland, £4,021 in Wales and £2,194 in Scotland.
Johnny Rich, editor of Push.co.uk, blamed the recession for partly fuelling rising student debt.
He said: "Finding part-time work has got harder and many students are facing real financial hardship and are worrying about what lies ahead. Even so, the advantages of having a degree still vastly outweigh the costs.
"These figures will give next year's review of student funding a real headache. They beg the question of whether we've now passed the point where students can be expected to stump up any more towards their education."
(GK/KMcA)
Related UK National News Stories
Click here for the latest headlines.
13 August 2010
New Students 'Face £25,000 Debt'
Students starting university in September are facing the prospect of graduating with debts of almost £25,000, according to a new survey. A survey of 2,000 students, carried out by student website Push, found that undergraduates now owe on average £5,600 for each year of study.
New Students 'Face £25,000 Debt'
Students starting university in September are facing the prospect of graduating with debts of almost £25,000, according to a new survey. A survey of 2,000 students, carried out by student website Push, found that undergraduates now owe on average £5,600 for each year of study.
08 September 2004
Tories pledge to scrap fees and funnel £21bn more into education
A Conservative government would provide an extra £21 billion investment in higher education, and scrap student fees in favour of loans, it has emerged today.
Tories pledge to scrap fees and funnel £21bn more into education
A Conservative government would provide an extra £21 billion investment in higher education, and scrap student fees in favour of loans, it has emerged today.
14 November 2003
Open University triples young student numbers
The Open University is attracting three times the number of young students than it did seven years ago, it has been revealed today. The opportunity for “earning while learning” was a key contributing factor to the increasing numbers of younger students enrolling in the Open University, their research said.
Open University triples young student numbers
The Open University is attracting three times the number of young students than it did seven years ago, it has been revealed today. The opportunity for “earning while learning” was a key contributing factor to the increasing numbers of younger students enrolling in the Open University, their research said.
11 November 2010
Fifty Arrests Over Student Protest Disorder
A total of 50 people have been arrested for disorder in connection with yesterday's student protest in central London. All were taken to various police stations around London and have since been bailed.
Fifty Arrests Over Student Protest Disorder
A total of 50 people have been arrested for disorder in connection with yesterday's student protest in central London. All were taken to various police stations around London and have since been bailed.
18 October 2005
Fee support for part-time students
Part-time students are to receive an increase in financial support under new plans announced by the government. Under the new plans, students studying at least 75% of a full-time course will be eligible to receive up to £1,125 – an increase from the previous maximum of £885.
Fee support for part-time students
Part-time students are to receive an increase in financial support under new plans announced by the government. Under the new plans, students studying at least 75% of a full-time course will be eligible to receive up to £1,125 – an increase from the previous maximum of £885.
-
Northern Ireland WeatherToday:Storm Bert will move east through the Northern Isles today. Though weakening it will still bring strong to gale winds to many in Northern Ireland and showers to all, these frequent, occasionally heavy across northern districts. Maximum temperature 10 °C.Tonight:Strong west to northwest winds easing overnight. Showers, most frequent during the evening and in north but dwindling overnight to leave most dry and bright come dawn. Minimum temperature 1 °C.
