Average Student Rent Tops £100 per Week
Wednesday, March 24th, 2010I heard this morning that the average weekly student rent in the UK has reached £100. When I rented my first room in a student house, back in 1995, £100 was my monthly rent.
No wonder that, with top-up and tuition fees to cope with on top of this, half of all UK students expect to leave university with debts of over £15,000. More than a quarter expect debts of over £20,000.
Meanwhile, as universities offer incredibly meagre pay rises to their staff, and are busy announcing redundancies in numbers, there are now more than 80 Vice Chancellors earning more than the prime minister. One gets £474,000. So, while staff in local universities are getting, as an example, a .5% pay rise (which, given the rate of price inflation amounts to a cut in earnings), once VC awarded himself a 20% pay rise. All this as the government begins cutting funding to universities.
I just hope the expected re-occurrence of last year’s appalling delay in the payment of Student Loans does not happen as the National Audit Office is predicting.
Labour has made a complete hash of Higher Education: they’ve meddled incessantly with education and they’ve encouraged spiralling and unsustainable debt.
The Lib Dems would “scrap tuition fees for full and part-time students taking their first degrees and have a fully costed plan to do this over a six year period.”
For a real alternative – read summaries of Lib Dem policies on Education here.


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