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University, is it becoming too expensive?

University, is it becoming too expensive?
Students heading to university this autumn will graduate with debts of up to £23,500, new research suggests.

Undergraduates now owe on average £5,000 for each year of study, according to a poll of 2,000 students in all years at university.

Undergraduates coming to the end of their first year of study can expect to owe £21,200 by the time they graduate, the Push Student Debt Survey found.

Those starting degree courses this autumn should count on owing at least £2,000 more than that, around £23,500 in total, the survey suggested. Students completing their third year of studying owe £13,874.

The study also reveals students in England owe considerably more than their peers in other parts of the UK. Average debt per year of study in England is £5,271, compared to £4,021 in Wales, £2,194 in Scotland and £4,324 in Northern Ireland.

Is university really worth it? Does a degree still hold a real advantage in today's market? Do you regret going to university or do you regret not going to university? Are you a prospective university student who is put off by the growing cost of studying? What are your views?


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