News

Cost of living crisis forces half of school leavers to reconsider going to university

Heating homes, shopping for food and buying household essentials – families across London are feeling the squeeze of the cost of living crisis.

New research reveals half of 18-19 year olds are now reconsidering going to university as a direct impact of the financial hardship of the last 18 months.

The Centre for Economic and Business Research estimates students could save up to £6,555 a year if they opt for a course with the Open University, who commissioned the survey.

Henry spoke to Iona Bain a consumer finance expert about these new effects of the cost of living crisis.

Henry Thomas-Aldridge 9th August 2023

TagNews, LocationIslington

  • News

    NewsOnly 1 in 5 Londoners wish to live away from home during university

    As A level students prepare to receive their results this week, new research finds an attitude shift surrounding university placement.

    Tanya Francis 15th August 2022

    Read more
  • News

    NewsThe Cost of Living crisis is creating a savings gap for millennials

    55% of young Londoners fear they will never be able to save enough to buy a property

    Tanya Francis 29th June 2022

    Read more
  • News

    NewsCost of living crisis impacting Electric Vehicle demand in London

    All new cars must be fully electric or hybrid by 2030, with the sale of non-EVs phased out by 2035

    James Dickman 13th December 2022

    Read more