The student goldmine that isn’t
January 8th, 2007There is a decades old stereotype of students. We party, we drink, we sleep and generally do as little work as possible. The Young Ones depicted a comical view of student life on the breadline, but it seems that many people have forgotten just how little money students really have.
The goverment appear to think that students have a lot more money than they do, made evident by the introduction and steady increase of tuition fees. They say this helps poorer students by subsidising them, while charging students from a wealthier background. However, as with most tax systems, the middle class end up paying a premium they cannot afford.
This misconception goes further than individual students. The Evangelical Christian Union at the University of Exeter have recently filed papers against the Students’ Guild in the High Court and are demanding that the Students’ Guild pay their legal fees, which are apparently in excess of £10,000.
The reasoning must go something like this:
- Students have money
- Student unions are made of lots of students
- Therefore student unions must have a lot of money!
Of course, this simply is not true. £10,000 would be a massive blow to the Students’ Guild and would detrimentally affect all students across the Exeter campus. Ironically, since the Evangelical Christian Union are partially funded by the Students’ Guild and their members use the many Guild facilities every day, they would suffer as much as the rest of us.
Recent research has shown that with inflated living costs, increases in duty on alcohol and economical victimisation of students through schemes such as tuition fees; student drinking and partying has declined significantly, the number of students in part-time employment has risen significantly, as has the average debt level upon graduation.
The decades old stereotype of The Young Ones is beginning to disappear, being replaced by a student population that is working around the clock to pay the rent and too penny-less to party. I think it’s time to give students a break.