Go back

Rising number of students taking on debt during cost of living crisis

Survey finds 91 per cent of students are worried about increasing prices

Almost a third of students in England have taken on more debt to cope with the high cost of living, a survey by the Office for National Statistics has found.

Figures released by the ONS today show that 30 per cent of students have taken on new debt because of the cost of living crisis, up from 25 per cent in November 2022. Of those reporting that they had taken on more debt, 71 per cent said that it was because their loan “was not enough to support their living costs”.

This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com

Pivot-RP users can log in and view the article via this link.