College education can be very expensive with horror stories of students and families buried in expensive educational debt for years after their graduation. Included in these expenses are board and lodging, daily consumables and pocket money. However, according to financial institutions, the University of Leicester is the most affordable.
Freshmen in Leicester are expected to only spend £196 on an average week. The amount includes their rent, food and university supplies, bus pass, and even includes their £15 for five pints of beer and £14 for two bottles of wine. Freshmen and sophomores could decide to live outside, which is cheaper than living in halls. It also reduces the total spending to £169 a week.
Next to the University of Leicester, the University of Nottingham and Cardiff, which only has freshmen and sophomores spend only £207 and £227 respectively, are also good options. The amount also lessens when students consider living off-campus, again including more than just a student’s basic needs such as beer and other amusement funds.
The first few years of college is a deciding factor to which college to attend to for many new students.
Average UK student has increased to £19,000 in the last year a 14% increase from the earlier years. The debts may fluctuate between the amount, including having an additional £200-300 on some occasions. For second year students, the debt is higher at £22,000-23,000 on average.