August 11, 2023

Nearly 1 in 2 school leavers in England have reconsidered going to university, as cost of living soars

  • New survey from The Open University shows that 49% of 18–19-year-olds in England have reconsidered going to university in the last year, due to rising living costs
  • 71% say they would consider distance learning if it meant saving money
  • The Centre for Economic and Business Research (Cebr) estimates that studying with the OU could potentially help students save up to £6,555/year, accumulate less debt, and be able to earn whilst they learn

The Open University (the OU) has commissioned a new survey of 18–19-year-olds in England which shows that nearly 1 in 2 (49%) have reconsidered going to university in the last year, because of the rising cost of living. Nearly a third (31%) of school leavers believe university is not affordable, while a fifth (20%) are still unsure if they will go to university this autumn.

Read the full article here.

Cebr is an independent London-based economic consultancy specialising in economic impact assessment, macroeconomic forecasting and thought leadership. For more information on this report, or if you are interested in commissioning research with Cebr, please contact us using our enquiries page.

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