Leadership

Cost of Living and Higher Education Students in England

This survey aims to understand the impact of the rising cost of living on the experiences of higher education students.

This report from the Office for National Statistics explores the impact of the cost of living on students at universities in England.

The aim of the survey is to understand the impact of the rising cost of living on the experiences of higher education students.

Students were asked how their financial situation had changed over the previous year. More than 9 in 10 (91%) students reported that their cost of living had increased compared with last year. This is similar to the proportion of adults in Great Britain who reported the same (91%).

When asked how their cost of living had increased, 93% of these students reported that the price of their food shop had increased, with 60% reporting that their rent or mortgage costs had increased and 58% that their gas or electricity bills had increased.

More than 6 in 10 (62%) students reported that they were spending less on food shopping and essentials, with more than 7 in 10 (72%) reporting they were spending less on non-essential items. More than half (52%) of students had been using their savings and more than a third (38%) had been using less gas or electricity in their home.

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