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Friday, August 16, 2019

£6,000 a year for a room? If I were a student, I’d probably go on strike too | Patrick Collinson

Rents paid by university students have been rising by about double the rate of inflation for years

When did it become acceptable to treat university students as a cash cow, milked for absurd rents that bear little relation to the underlying cost of the accommodation?

Rents charged to first-year students have risen at around double the rate of inflation year after year. The hundreds of thousands of fresh undergraduates heading into halls this September can expect to pay well over £6,000 for even basic single rooms. At the start of this decade, the typical student rent was equal to just over half the maximum available cash they could obtain in loans and grants. Today that has soared to 73%, and it continues to rise.

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