When you hear the phrase “cost of living crisis,” you might picture families who are having a hard time feeding and heating their kids this winter. University students are one group that is not being mentioned in the current conversation about this crisis, despite the fact that half of them have already been forced to reduce their food budgets.

The majority of students had an exceptional end to their school careers, finishing their studies remotely as a pandemic defined not just their A-level and other final exams but also their transfer to a university – the supposedly best years of their lives. They now have to deal with a financial crisis on top of everything else.

Working-class students, who are already egregiously underrepresented in prestigious universities, have it even worse. According to research by the Institute for Fiscal Studies and the Sutton Trust, the country’s most prestigious colleges had the lowest entry rate for underprivileged students.

This is clearly a lack of management skills on the part of the authorities. Now, if you are a student and disheartened by this situation, but still want to make the future of your country better, you must learn to manage things. Take up a Management Course, and put everything in order. Now, let’s say you are a student pursuing or want to pursue a Management Course, then submitting Management Dissertation is crucial for your overall grades. 

British Dissertation Help, who is bringing you this article is also an apex academic writing service provider. It provides dissertation help and assignment help, for example, it can provide you with Management Assignment Help. If you ever choose to do a management course and need Management Assignment Help or any other Dissertation Help etc. contact British dissertation help.

Now getting back to the current topic, long before the current issue in the expense of living, students worked in addition to their studies. However, while doing a part-time job might teach you useful skills, it’s crucial to maintain a work-study balance because putting in excessive work hours can have a negative impact on one’s academic performance and cause burnout. Most institutions advise against working more than 15 hours a week. Despite this, research found that 11% of students work more than 31 hours per week and 9% of students work between 21 and 30 hours.

This is obviously unsustainable, but for some people there is no other option. The only way to make ends meet is to work a few part-time jobs. Without financial help from their parents, one Birmingham student who worked throughout their degree and finished this summer told me they had to cut back on everyday extras, social outings, and even replacing worn-out shoes in order to keep a roof over their heads. Working alongside her studies was the only way for my sister, who finished this year as well, to be able to pay her rent. Even these hours may not be sufficient when costs rise; as of June, 11% of students were already utilising food banks.

Pupils from the middle class are also having financial difficulties, even though students from the working class would be most impacted. Many students rely on their parents to help pay for living expenses, which creates a hardship for their families. In a March study by a housing provider, 66% of students and 73% of parents reported being “very worried” about the cost of living in college. According to the same report, 36% of parents struggle to make ends meet while their children are at college and have to rely on other sources of income: To support their families and their children, 10% of parents have taken out bank loans, while 3% have refinanced their homes.

After a certain point, it becomes doubtful whether getting a decent degree grade is even feasible for people who must put in long hours to make ends meet. Some students may decide not to apply at all to universities as a result. Maximum student loans are frequently the only way for working-class kids to afford to attend college. However, if loan payments are not increased to keep up with the quickly rising cost of living, many people will find that their dream of attending college is out of reach simply due to their financial situation.

Parents shouldn’t have to give up their own financial stability to support their children, and students shouldn’t be required to put their education at danger in order to strangely pay for it. A tailored cost of living support package for students (as requested by the NUS) must be provided by the government if student loans are not to be increased to keep up with inflation. This package is similar to the one that 8 million families have already received.

Humanely speaking, the government cannot allow kids to be forced to choose between eating and studying. The government must immediately invest more funds in education on a social level. Since these students will eventually be in charge of the nation, investing in their education is an investment in the future of the entire country.

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