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Making Ends Meet: Student incomes and debt

Making Ends Meet: Student incomes and debt This article seeks to explore the ways in which the current financial regime for supporting students impacts on the choices they make while studying for their first degree. It focuses particularly on the financial choices students make (or feel forced to make) in relation to work, debt and economising. It argues that the degree of discretion that students have is crucially related to the financial support they receive from their parents. However, even where parents are generous, most students seek an additional source of income to increase their autonomy in spending decisions. Parental attitudes are found to be important determinants of the ordering of drawing on other income. There is found to be a financially vulnerable group of students whose fragile financial position largely results from their parents being unable to offer much financial support; this group in particular finds their time at university characterised by considerable amounts of paid work and increasing debt. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Studies in Higher Education Taylor & Francis

Making Ends Meet: Student incomes and debt

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References (35)

Publisher
Taylor & Francis
Copyright
Copyright Taylor & Francis Group, LLC
ISSN
1470-174X
eISSN
0307-5079
DOI
10.1080/03075070120076318
Publisher site
See Article on Publisher Site

Abstract

This article seeks to explore the ways in which the current financial regime for supporting students impacts on the choices they make while studying for their first degree. It focuses particularly on the financial choices students make (or feel forced to make) in relation to work, debt and economising. It argues that the degree of discretion that students have is crucially related to the financial support they receive from their parents. However, even where parents are generous, most students seek an additional source of income to increase their autonomy in spending decisions. Parental attitudes are found to be important determinants of the ordering of drawing on other income. There is found to be a financially vulnerable group of students whose fragile financial position largely results from their parents being unable to offer much financial support; this group in particular finds their time at university characterised by considerable amounts of paid work and increasing debt.

Journal

Studies in Higher Education – Taylor & Francis

Published: Oct 1, 2001

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