New research by the Sutton Trust, published today, highlights the serious impacts of rising living costs on students, with a quarter (24%) of students saying they are less likely to finish their degree as a result of the cost of living crisis. Today’s survey of 1,050 students across the UK, carried out by Savanta, reveals that students are facing considerable financial pressures.
Since the start of the autumn term in September 2022, nearly two-thirds (63%) of students report having spent less on food and essentials, with over a quarter (28%) saying they have skipped meals to save on food costs. Students from lower socioeconomic backgrounds were more likely to report skipping meals (33% for students from working class families compared to 24% of middle class students).
