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Alt 26.12.08, 04:15   #1 (permalink)
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Standart The credit crunch hits students - wiLL more Live at home?




HomestudentThe credit crunch is being felt everywhere, and prospective students aren't immune. A new survey from the careers advisory service, Inspiring Futures, suggests that nearly half (46 per cent) of 16-18 year olds feel that the current economic downturn is affecting their choice of higher education or university course. Almost a quarter (24 percent) said that the credit crunch "is likely" to put them off going to university, and 35 per cent said finances and living expenses were now a bigger concern. Fears about living expenses definitely seem to be rising, and more students are apparently considering living at home while studying. According to the Higher Education Statistics Agency, first-year students living at home are steadily on the increase, from 66945 in 2002/3 to 72780 in 2006/7. Jamie O'Connell from the Student Room says that the credit crunch and its attendant knock-on effects are strong topics on the site's forums. Topics up for discussion are the issue of guilt - for putting a burden on parents at this time, fears about the cost of student loans, and whether those living at home should pay their parents rent. Whether students should consider living at home is another category up for discussion - with suggestions that it can be good (it saves money) or bad (you miss out on the fun and the independence of staying away from your family). Jenny Vass, a final year student at Oxford agrees that living away from home is something she wouldn't have wanted to miss. "It's part of being a student," she says. "You get that freedom, not just to have fun and party, but also to run a house, cook, clean and live with others. Now I think that's going to change." Following her graduation next year, Jenny says she's looking at coming back to London, and knows that moving in with her parents would be "sensible." "But it won't be the same sort of life," she says sadly. "It's nice to have your parents visit when you're a student, but I'm not sure about living back there full-time." Living at home is more common at Scottish universities, and seems to have little stigma there. At Glasgow University, around 6,000 undergraduates are living in their own or the parental home this year. Around 9,000 are in university halls or private accommodation. "Glasgow University attracts a high percentage of students from the West of Scotland area," a university spokesman told School Gate. "There is also a proud tradition of generations of families choosing to study here. So it is not surprising that many students take advantage of that proximity to stay at home and commute to studies." "I can't recall many people who weren't at home," says Gregory Murray, who studied at another Glasgow University, Strathclyde. "We still had a great time, and managed not to have such huge debts. People shouldn't worry about it so much." Perhaps in future, the student world will change so that those worries will disappear, and living at home will become increasingly usual. Or it may be that the worries will still exist but that living at home becomes a necessary concession. The Student Room's Jamie O'Connell suggests a shift may be on its way: "When choosing a university, we're finding that students may be compromising on their course, or even the quality of the university to be nearer home," he says. Whether it means students "miss out" or not is another issue.


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Alt 26.12.08, 16:21   #2 (permalink)
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