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What is the nominal budget for a 2012/13 student?
Comments
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Please don't reply with lots of suggestions about how to make beans on toast - this isn't a question about how to stick to a budget, it's about what a fair budget should be. I appreciate that this is ultimately a private agreement between parent and child, but having a yardstick would be helpful in the discussion.
It seems only fair to me (imho) that my children receive the same as the low income child....0 -
setmefree2 wrote: »It seems only fair to me (imho) that my children receive the same as the low income child....
I'm pretty sure the low income students would disagree with you on that one.
A student will get less based on their parents income - therefore if the parent wishes to squander this income on cars & holidays (& on debts relating to cars / bad spending etc) rather than spend that money on their childs education - then that is their decision. The government shouldn't have to pay more for your child.
Far too many parents only think about their childs education up until college, and think about university when a child actually gets in to University.
Sorry to go on a rant, but coming from a single parent family, with my only parent being terminally ill & severely unable to work - I find it astonishing that mid income students would rather moan and complain that they get less, the get off their backside and get a part time job to supplement the lesser income.
(And don't say it's impossible to get a good degree whilst working - I manage to work 30 hours per week and still maintain high 2:1's / Low firsts throughout my course - which is an intensive Law degree)SAVINGS: £63.86 // £3,0000 -
setmefree2 wrote: »It seems only fair to me (imho) that my children receive the same as the low income child....MusicalLawyer wrote: »I'm pretty sure the low income students would disagree with you on that one.
A student will get less based on their parents income - therefore if the parent wishes to squander this income on cars & holidays (& on debts relating to cars / bad spending etc) rather than spend that money on their childs education - then that is their decision. The government shouldn't have to pay more for your child.
Lots of interesting stuff here, but I just wanted to come back on this as I think you have misunderstood/misrepresented setmefree2. Nowhere does he/she say that the money the mid-income student lives on should come from the public purse. They are just saying that as a parent they would want to put their child in the same financial position as the low-income student.0 -
MusicalLawyer wrote: »I'm pretty sure the low income students would disagree with you on that one.
A student will get less based on their parents income - therefore if the parent wishes to squander this income on cars & holidays (& on debts relating to cars / bad spending etc) rather than spend that money on their childs education - then that is their decision. The government shouldn't have to pay more for your child.
Far too many parents only think about their childs education up until college, and think about university when a child actually gets in to University.
Sorry to go on a rant, but coming from a single parent family, with my only parent being terminally ill & severely unable to work - I find it astonishing that mid income students would rather moan and complain that they get less, the get off their backside and get a part time job to supplement the lesser income.
(And don't say it's impossible to get a good degree whilst working - I manage to work 30 hours per week and still maintain high 2:1's / Low firsts throughout my course - which is an intensive Law degree)
I took the comment to mean that the level of funding which a low income student would receive would be the appropriate level of top up for a better off parent to make to their offspring.0 -
MusicalLawyer wrote: »Sorry to go on a rant, but coming from a single parent family, with my only parent being terminally ill & severely unable to work - I find it astonishing that mid income students would rather moan and complain that they get less, the get off their backside and get a part time job to supplement the lesser income.
(And don't say it's impossible to get a good degree whilst working - I manage to work 30 hours per week and still maintain high 2:1's / Low firsts throughout my course - which is an intensive Law degree)
But, given that you must receive the more generous funding package available to students from low income families, why on earth do you feel the need to work for 30 hours as well? Why must you have the same income as a well paid worker while you're a student?0 -
Where on earth do these figures come from - over £70 per week for non essential spending? That's a generous budget for a young person earning a decent income rather than a student!
They are from NUS student lifestyle report. Obviously you can take away the things you don't spend e.g. music, cigarettes. But yes these figures come from students
Plus it does include a lot of things spread over weekly spend which aren't regular/essential e.g. clothes, haircut. And a lot of things some people may include in their food budget e.g. drinks, alcohol. Again all entirely subjective and never a real indicator of what YOU will spend.
I know some people who can't live on less than 50 p/w, but obviously they can afford to.There are few people whom I really love, and still fewer of whom I think well...0 -
MusicalLawyer wrote: »I'm pretty sure the low income students would disagree with you on that one.
A student will get less based on their parents income - therefore if the parent wishes to squander this income on cars & holidays (& on debts relating to cars / bad spending etc) rather than spend that money on their childs education - then that is their decision. The government shouldn't have to pay more for your child.
Far too many parents only think about their childs education up until college, and think about university when a child actually gets in to University.
Sorry to go on a rant, but coming from a single parent family, with my only parent being terminally ill & severely unable to work - I find it astonishing that mid income students would rather moan and complain that they get less, the get off their backside and get a part time job to supplement the lesser income.
(And don't say it's impossible to get a good degree whilst working - I manage to work 30 hours per week and still maintain high 2:1's / Low firsts throughout my course - which is an intensive Law degree)
Completely agree with you!There are few people whom I really love, and still fewer of whom I think well...0 -
hardtoexplain wrote: »They are from NUS student lifestyle report. Obviously you can take away the things you don't spend e.g. music, cigarettes. But yes these figures come from students
Plus it does include a lot of things spread over weekly spend which aren't regular/essential e.g. clothes, haircut. And a lot of things some people may include in their food budget e.g. drinks, alcohol. Again all entirely subjective and never a real indicator of what YOU will spend.
I know some people who can't live on less than 50 p/w, but obviously they can afford to.
It rather knocks the poverty stricken student stereotype on the head though, doesn't it?0 -
hardtoexplain wrote: »I think your question is simply impossible to answer, as there are so many variables.
Ha, I wonder what you are studying. I'd hope that making sense of complex data is not something that a university student would reject as being impossibleSo many answers, not a simple question.
. Of course there is no single answer, but that's not unusual. And if it was a simple question then I wouldn't need to solicit other people's opinions, because the answer would be clear.
You're right that I had in mind a student fresh from school and moving away from their parents' home for the first time, and as you say, there are other types of student whose circumstances will be different - if so they are likely to be assessed as independent students and therefore won't be having a discussion with their parents about how much money the parents should give them.0 -
For any visual types who'd like to see how the grants and loans pan out for different households, I've drawn some charts.
However as a newish user I'm not allowed to paste active links, so if you want to see the charts you'll have to cut and paste them yourself:
Student living outside London:
docs.google.com/spreadsheet/oimg?key=0Al62MYZPYAkqdGt2Ukh0d2k3Z2sxNDQ0S0VmTHBIS3c&oid=7&zx=wswnx7legka3
Student living in London:
docs.google.com/spreadsheet/oimg?key=0Al62MYZPYAkqdGt2Ukh0d2k3Z2sxNDQ0S0VmTHBIS3c&oid=5&zx=e51ioqh5x34d
HTH0
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