Students in England now graduate with average debt of £53,000, data shows | University funding
Since students in the UK increase their borrowing to meet the increasing cost of living, they finish their rankings with £ 53,000, an average of £ 53,000, a leap of 10% per year.
Student Loans Company (SLC) Published figures The demonstration of individual credit balances was 5,000 £ 5,000 higher than the previous year in 2024-25, when the average in the UK was £ 48.270.
In contrast, students in Scotland, where undergraduate education for local students are free, ended with only £ 17,000 in government loans. Those in Northern Ireland accrued £ 28,000 from £ 39,470 from Wales.
Increased costs also mean that more students undertake paid work throughout the period. Questionnaire Posted by Higher Education Policy Institute 68% of full -time students found an average of 13 hours a week, the highest rate of the survey was realized.
SLC reported that 62% of the former students, who are obliged to repay their loans, are in the UK tax system and provided an average repayment of £ 1,100 at approximately 3 million (40%) 2024-25.
The government’s total student loan book for the UK reached £ 64 billion 10 years ago after the annual education fee and loan of £ 9,000 annually. This figure will rise faster to the next academic year after the government has raised the tuition fee for domestic students from 9.250 to £ 9.535 to £ 9.535.
Since the government plans to reduce the number of international students and reduce the competition between universities for local students, extra income is unlikely that higher learning will solve financial problems. Research conducted by Entrepreneurship Center in National Education He found that one -fourth of the industry leaders said that their institutions would need a “complete revision” to get rid of the crisis.
More than half of the leaders who participated in the survey said that financial stability is now “the best institutional priorities ,, while 28% are the most important activities of international students recruitment.
A new report Tony Blair Institute Since the tuition fees from the UK students are eroded by inflation and have fallen about a third since 2012, many universities are now relying on international student fees for domestic students.
The Institute warned that a group of universities, British government, 6% tax on tuition fees, more strict adaptation regulations and a decrease in the amount of time they can work in the UK after completing the courses of international students, warned that the British government is vulnerable to the changes in student visas that it thinks as part of the immigration white article.
Alexander IOSAD, the Government Innovation Policy of the Institute, said that universities with lower international rankings and old polytechnics have weaker financing and relying mostly to international students and put them at the most risk of any visa change.
In the report, he says: “As the government tries to reform the immigration system, it is worth considering the interaction of these changes and the interaction of these changes in order to create a more sustainable foundation of these changes.”
