Comments on: £100,000 – the real cost of going to university http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university The personal blog of Ken. My tech site is at kenstechtips.com. Tue, 18 Oct 2011 06:51:41 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Pete http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3317 Pete Fri, 09 Apr 2010 14:36:27 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3317 Dont think I entirely agree with your maths here. If your factoring in the £60k that you didnt make because you were at university, by the same logic you cant really say that it cost £18k for accommodation, because you have to live somewhere, whether near uni or near work. Im sure living near uni is more expensive than where ever it is you would have lived other wise, but the cost over the 4 years is probably more like £3k-4k. Also the housing appreciation cost would vary hugely. If your degree enables you to get a job with considerably better pay then you could quite possibly get on the property ladder sooner than if you had been working your £15k a year job, even though that would have given you a 4 year head start. In this case going to uni would be saving you money on this topic. However, I do like that you factored this in at all because it is a facto that is often over looked. Dont think I entirely agree with your maths here. If your factoring in the £60k that you didnt make because you were at university, by the same logic you cant really say that it cost £18k for accommodation, because you have to live somewhere, whether near uni or near work. Im sure living near uni is more expensive than where ever it is you would have lived other wise, but the cost over the 4 years is probably more like £3k-4k.

Also the housing appreciation cost would vary hugely. If your degree enables you to get a job with considerably better pay then you could quite possibly get on the property ladder sooner than if you had been working your £15k a year job, even though that would have given you a 4 year head start. In this case going to uni would be saving you money on this topic. However, I do like that you factored this in at all because it is a facto that is often over looked.

]]> By: dave http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3316 dave Sun, 17 May 2009 18:37:06 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3316 doin my research no the net,stumbled upon this article.jeez you really have nothing to do but create "imaginary" costs.I am an international student and I must pay £12,000 fees per annum for a simple undergraduate course. i must subsidise what like 2 dozen english students,makes me cringe.Then again hopefully as I have big ambitions 100k will be pocket money for me.:p doin my research no the net,stumbled upon this article.jeez you really have nothing to do but create “imaginary” costs.I am an international student and I must pay £12,000 fees per annum for a simple undergraduate course.

i must subsidise what like 2 dozen english students,makes me cringe.Then again hopefully as I have big ambitions 100k will be pocket money for me.:p

]]> By: simon http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3315 simon Sun, 29 Mar 2009 01:36:36 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3315 I was in Manchester halls last year it cost £65 per week. Better accommodation did cost £90-100 a week. I find articles like this one that sum up generally the whole countries graduates are inaccurate. A student who goes to Oxford Uni will earn far greater than one who goes to Bolton Uni for example. These uni's are at opposite ends of the league table. This is why students should base this on individual factors rather than generalised articles. I also do not think you can put a price upon the experience of university which is described by many as the time of your life. I would prefer to have the time of my life rather than dismiss it to have a better economic future. I am from a low income family but receive generous government grants and university bursaries, I have had no financial problems and lead a full social life (going to clubs, paint balling, eating out, going on weekends overseas etc). The one thing I have realised from attending university is that money can't buy good times, as I am the poorest I have been in my life due to no parental help, but having the best time of my life. I was in Manchester halls last year it cost £65 per week. Better accommodation did cost £90-100 a week.
I find articles like this one that sum up generally the whole countries graduates are inaccurate. A student who goes to Oxford Uni will earn far greater than one who goes to Bolton Uni for example. These uni’s are at opposite ends of the league table. This is why students should base this on individual factors rather than generalised articles.

I also do not think you can put a price upon the experience of university which is described by many as the time of your life. I would prefer to have the time of my life rather than dismiss it to have a better economic future.

I am from a low income family but receive generous government grants and university bursaries, I have had no financial problems and lead a full social life (going to clubs, paint balling, eating out, going on weekends overseas etc). The one thing I have realised from attending university is that money can’t buy good times, as I am the poorest I have been in my life due to no parental help, but having the best time of my life.

]]> By: Cow http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3314 Cow Wed, 28 May 2008 10:44:42 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3314 Hi :) Thanks for your comments! I think the government subsidises course placements by around £4,000 to £5,000 a year. After adding £3,000 from student fees, that still leads universities often a few thousand short to teach some degrees (architecture costs £10,000 a year to teach). I learnt when I visited the London School of Economics, there has been talk about increasing the fees further making it even more expensive to go to university! £42pw would be lovely! I'm not sure how much Manchester costs these days (I'll check with one of my friends going there) but a single room uncatered in London costs about £100-£120pw. <a href="http://www3.imperial.ac.uk/accommodation/prospectiveugstudents/hallsofresidence/southsidehall/falmouthhall" rel="nofollow">One of the leading London universities</a> charges up to £180pw for single ensuite rooms! I'm guessing Manchester would be slightly cheaper than London but as both are large metropolitian areas, the difference probably won't be huge! Hi :) Thanks for your comments!

I think the government subsidises course placements by around £4,000 to £5,000 a year. After adding £3,000 from student fees, that still leads universities often a few thousand short to teach some degrees (architecture costs £10,000 a year to teach). I learnt when I visited the London School of Economics, there has been talk about increasing the fees further making it even more expensive to go to university!

£42pw would be lovely! I’m not sure how much Manchester costs these days (I’ll check with one of my friends going there) but a single room uncatered in London costs about £100-£120pw. One of the leading London universities charges up to £180pw for single ensuite rooms! I’m guessing Manchester would be slightly cheaper than London but as both are large metropolitian areas, the difference probably won’t be huge!

]]> By: Henry http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3313 Henry Wed, 28 May 2008 07:30:55 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3313 Is the Government still aiming for 50% of people to go to university? (don't forget the massive subsidy they pay to the university for your degree!) It's hard to have that discussion without sounding like a science degree snob though. I only graduated last year (from a 4 year course). I paid £42pw when I was in halls in Manchester, how things change! Is the Government still aiming for 50% of people to go to university? (don’t forget the massive subsidy they pay to the university for your degree!) It’s hard to have that discussion without sounding like a science degree snob though.

I only graduated last year (from a 4 year course). I paid £42pw when I was in halls in Manchester, how things change!

]]> By: James Baker http://khlo.co.uk/index.php/100000-the-real-cost-of-going-to-university#comment-3312 James Baker Tue, 27 May 2008 12:15:42 +0000 http://cow.neondragon.net/index.php/100000-the-real-cost-of-going-to-university#comment-3312 Of course, through all of that you're assuming that financial benefit is the only reason to go to University. Can you put a price on all the great experiences, opportunities and friends that University? Or quenching your desire for knowledge? Of course, through all of that you’re assuming that financial benefit is the only reason to go to University.

Can you put a price on all the great experiences, opportunities and friends that University? Or quenching your desire for knowledge?

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