Birmingham is home to several different universities, leading thousands of students to study in Birmingham each year. With the activities, nightlight, shopping and greenery, Birmingham offers a range of different opportunities for young people; however, behind the false façade of excitement, comes an even greater concern; along with the rise of students, there’s a rise of the cost of living.
The reality behind university life
Behind the busy lecture halls, packed libraries and lively city fun, for many students, managing money has become an extra stress to their assignments. From paying for accommodation, to simple food and travel, students nowadays are having to spend more time managing their finances than on exams. Everyday purchases that may seem inexpensive can quickly add up, leaving young individuals worried whet her they’re going to be able to eat at the end of the month. What should be a thrilling chapter of life, is turning into a battle of academic ambitions and financial reality.
Rent takes the biggest bite
For many students, accommodation, isn’t just about finding a place that’s comfortable, it’s about finding a place that they can actually afford; slowly, as the cost of living has progressed, the question is now longer where they’d like to live, and more so of where they can afford to live; a student shouldn’t have to sacrifice hygiene and food in order to have an education. In popular student areas, near Selly oak, the students are closer to universities, however, seem to be paying more for less. The struggle to afford rent is not just a number on a bank statement, it causes stress and uncertainty, leaving the students wondering where their next meal is going to come from.
Budgeting becomes more than a useful skill; it becomes a necessity for their everyday life.
Can Birmingham make student life more affordable?
Although students can take steps to managing their spending, the responsibility should not fall entirely on them. Budgeting can help massively, but when the essential costs remain extortionate, it cannot solve every problem.
Student life should be about chasing your dreams, running into the next chapter of your life and meeting assignment deadlines, rather than counting pennies and holding hope out that they’ll make it through that month.
