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Student Finance
£2500

Content
  • Report SummaryToggle
    • Students todayToggle
      • Students today
      • Significant increase in last 10 years
      • Students’ financial resources
      • Students appear to be careful with money
    • Students and their spendToggle
      • Accommodation expenditure
      • Food, drink and entertainment expenditure
      • Mobile phone expenditure
      • Transport expenditure
      • Miscellaneous expenditure
    • Students and their financial opinionsToggle
      • The unattainable mortgage
      • Never too early to think about retirement
      • Some confusion over debt
      • Distrust evident in financial services
    • Students and money managementToggle
      • Debit cards, credit cards, student loans and loyalty cards
      • Banking trends
      • Spending within their means
    • Students and their financial futuresToggle
      • Repaying student loans
      • Expanding undergraduate numbers
      • Gender impacts graduate earnings
    • Student summary: cautious about money and nervous of debt
  • Introduction & ScopeToggle
    • Definitions
    • Methodology
  • Students TodayToggle
    • Numbers: women predominate
    • Subjects: business and medical
    • Locations: where students study
    • Student finance and politics: pay more, receive less
    • Summary
  • Students’ Financial ResourcesToggle
    • Students’ future worth in question
    • Money from family helps more than four in 10 students
    • Almost four in 10 students have a job
    • Limited hours in work
    • Low pay – but not for everyone
    • Pubs, shops and supermarkets
    • Multiple income sources required for subsistence
    • Summary
  • Students and Their Spending Toggle
    • Looking for value in accommodationToggle
      • Where students live
      • Typical rents £80 to £90 a week
      • Impact of higher tuition fees
    • Food and housekeeping: parsimony rulesToggle
      • Typical grocery spending under £30 a week
      • Credit cards for essentials
      • Laundry low priority
    • Entertainment spending mutedToggle
      • Can’t do without a mobile phone
      • Club membership attracts only a few
    • Public and private transport Toggle
      • Female students incur heavy public transport costs
      • Little motoring for male students under 25
      • More young women than male students buy insurance
      • Busting budgets
    • Summary
  • Students and Their Financial Opinions Toggle
    • ‘Generation Rent’ coming to pass
    • Retirement income is a looming issue
    • Students knowledgeable about credit scores
    • Distrust of financial providers
    • Accusations of omission
    • Summary
  • Students and Money ManagementToggle
    • Financial ProductsToggle
      • Financial products held by students
      • Online banking crucial
    • Saving and borrowing Toggle
      • Pre-university savings important
      • Younger students owe little to financial institutions
      • Informal borrowing is restrained
      • Men more confident about money management
    • Students and their current accounts Toggle
      • Higher education is an account trigger
      • NatWest dominates student banking
      • Reluctance to change banks
      • Co-operative Bank has good reputation
    • Loyalty cardsToggle
      • Tesco Clubcard important to students
      • Credit card caution
      • Wide range of credit card limits
      • Repaying in full more common than maxing out
      • No need for a credit card
    • Summary
  • Students and Their Financial FuturesToggle
    • Student loan repayments
    • When is a debt not a debt? When it’s off the balance sheet
    • Subsidy to employers
    • Debatable data on incomes
    • Backward step for women
    • Majority want more funding from taxation
    • Tepid support for on-the-job vocational training
    • Even bigger role for the Open University?
    • Future caution
    • Summary
  • AppendixToggle
    • References
  • DownloadsToggle
    • Report PDF
    • Datasheet
    • Questionnaire
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LATEST RESEARCH | 19 June 2013
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