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Parents in England expected to contribute up to £15,000 a year towards children's uni living costs
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sammyjammy said:Its always been that way if parents earn over the income limit. Most people just can't contribute that so students need to get jobs or manage on less.
One of the reasons (IMO) that you should only go to Uni if you need a degree to do the job you want.
It can be a "right of passage" but only if you can afford it! There are so many other options with work and Apprenticeships these days.0 -
letsbenice said:sammyjammy said:Its always been that way if parents earn over the income limit. Most people just can't contribute that so students need to get jobs or manage on less.
One of the reasons (IMO) that you should only go to Uni if you need a degree to do the job you want.
It can be a "right of passage" but only if you can afford it! There are so many other options with work and Apprenticeships these days.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
letsbenice said:Well in Exeter just accommodation without utility bills is £9500 plus - the cheapest. Room in a shared house. Similar with Oxford, Cambridge, Bristol... if parents exceed the income bracket which in London is not that hard, student does not get the loan. I don't think £5000 a year for utility bills, food, toiletries, commuting, printing/study related costs is a lot for a year. Do you? I am secondary account holder on my daughter's bank account and can see that even on night out she just buys a soft drink in a club 1 per night. Sometimes I feel really sorry for such a poor student life. In effect kids of parents on benefits are better off as benefits don't count as income - they get to full £10,450 loan and a bursary from university. Sorry but it does not pay to do well in this country.
Generally speaking, it is the squeezed middle that suffers. Kids of parents on benefits may have lost out on other opportunities in their formative years even if they will do better on university funding.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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