Students Pay More for Beer Than Books
LONDON (Reuters) -
British students spend about $1.8
billion on drink every year, nearly three times as much as they
cough up for books, a survey released on Monday showed.
At $1.81 billion, the collective bar tab of Britain's
students is close to what they spend on books and food combined
-- $600 million and $1.2 billion respectively. Rent costs them
another $4.5 billion.
The survey by the Royal Bank of Scotland was conducted to
compile a "Student Living Index," which ranks cities by
offsetting living costs with earning potential from part-time
work.
"Our research suggests that going to Glasgow could save you
up to 1,000 pounds (about $1,800) a year compared with other
university towns," said Andrea Aitken-Paige, Head of Student
Banking at the bank.
The index shows the Scottish city is the most
cost-effective place to live as a student, while a degree at
Durham in northern England is the most costly.
Two in five students will work part-time to boost their
budgets in the coming academic year, said the pollsters, who
interviewed 2,163 undergraduates from 21 university towns.
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