Alarming research on student poverty
Published on 2 March 2022
National Union of Students demands action to address rising student poverty found in the report:
- 12% of all students have experienced homelessness since starting their studies, rising to an incidence of one in three amongst estranged and care-experienced students
- A third of students (35%) have considered dropping out of their course due to financial difficulties and a quarter of students (25%) had been unable to pay their rent in full on one or more occasion
- Around two thirds (64%) have experienced mental ill-health as a result of financial pressures and 60% of students worry or stress about their finances “frequently” or “all the time”
- More than half (56%) of respondents said it was hard to cope financially over the summer
- Nearly one in three (31%) students have relied on commercial debt such as credit cards, Klarna or payday loans, with a quarter reliant on bank overdrafts and 8% of respondents depend on foodbanks
- 65% of respondents who applied for discretionary funding either received no support or not enough support
Around two-thirds of students have experienced mental ill-health as a result of financial pressures and a third have considered dropping out of their course due to finances according to new figures published by NUS Scotland.
You can read the full research report here.