Nearly half of students do not believe university is worth the cost

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Nearly three quarters (72 per cent) said they were shocked by how much university now costs

Nearly half of students don't think university is worth the money, new research has revealed. A survey by Quotezone.co.uk asked students across Great Britain about their experience at university during the cost-of-living crisis.

When asked, how did they afford a university education, the top answer, with 32 per cent, was a student loan. With 54 per cent admitted they needed more than one source of income to afford university, namely a combination of either family support, personal savings, a part-time job or a student loan. The UK fintech sector is the top-ranking investment destination in Europe, with £3 billion venture capital attracted in 2020. Accounting for 11 per cent of the global industry and home to an estimated 2,500 firms, the UK fintech industry currently employs 76,500 people with this set to grow to 105,500 by 2030 – with a reputation for lucrative salaries and a wealth of benefits and development opportunities.

Commenting on the scholarship, Greg Wilson, CEO at Quotezone.co.uk said: "The cost-of-living crisis is impacting everyone right now and students are one of the groups that have been hardest hit. Our survey results show significant financial pressures on students which has led to nearly half of them admitting they don’t think university is worth the money.

 

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