UK university students have to work 3 jobs to meet expenses
In light of the inflation witnessed in the UK, government support for living costs for university students in the form of loans reached the lowest level in seven years.
University students in the United Kingdom have to work three jobs and cut their spending due to the decrease in financial support from the government and growing prices, the National Union of Students (NUS) pointed out on Wednesday.
Earlier in the day, the UK Institute for Fiscal Studies (IFS) revealed that government support for living costs for university students in the form of loans reached the lowest level in seven years.
The amount of money that students can borrow depends on their families’ income, and students from the poorest families can borrow only $11,700 this academic year.
In a statement, the NUS UK National President, Larissa Kennedy, indicated that "We’re hearing from students who are working 3 jobs to make ends meet, who can’t even afford to travel to their university library, and who are cutting back on cooking food due to spiralling energy costs."
"Our research has shown that thousands more are relying on foodbanks and buy now, pay later loans," she revealed, urging the UK government to increase drastically the level of maintenance support for all students.
It is noteworthy that in April, the annual inflation in the UK reached 9%, the highest rate since 1982.