Saw this article in some of the papers - and was sceptical so went to the source
eBay reveals the true cost of student life in 2023 - eBay Inc.
A very bad press release - and no link to the source survey
- The cost of attending university is expected to rise by £5,000 this year thanks to the cost-of-living crisis, according to research from eBay*
The average student predicts they’ll be spending an extra £411.58 a month this academic year compared to previous years
With the cost of attending university expected to rise by a huge £5,000 this year, eBay is helping students save their pennies by encouraging them to consider refurbished technology and discounted homeware essentials as they prepare for the year.
The average student predicts that they’ll be spending an extra £411.58 this academic year compared to previous years, and 85% are worried about how they are going to afford the upcoming term.
Whilst more than half of undergraduates students surveyed (57%) have a maintenance loan to help with living expenses, 42% said that it doesn’t quite cover the costs they need it to.
Research also found that 54% of students admit to receiving money from their parents and nearly two thirds (63%) say they would consider going to uni closer to home so they could save some money - with £383.01 being the average amount they receive from parents per month to bolster their budgets.
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This survey seems very strange - I know inflation is high but an extra £450 a month compared to last year? That seems a very high percentage increase.
Half get a maintenance loan apparently - so I guess a lot of this is topped up from parents.
I would expect an extra £450 a year...Not a month
But this is a very poor press release