British students paying and borrowing more
From the BBC:
Students are spending more money and receiving more support than ever before, suggests a survey of student finance in England.
The Student Income and Expenditure Survey shows that higher tuition fees have increased first year student spending by 12% in three years.
Driving this was the introduction of higher tuition fees, which were implemented in the 2006-07 academic year. The accompanying grants, bursaries and loans also pushed up the income of students.
Report author, Claire Johnson, a principal research fellow at the Institute for Employment, said student income had risen overall, although most of the increase was driven by income from tuition fee loans.
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