Students cut back on food as cost of living soars

Some students in the UK had to cut back on food and take on debt or dip into savings due to the soaring cost of living, with rising rent and food prices being major factors. This has negatively impacted their university experience and academic performance.

bbc.com

Relevant topic timeline:

8/24/2023

Housing Market’s Next Obstacle: Student Loan Payments

The end of student loan payment forbearance could negatively impact the housing market, causing a decrease in household formations and homeownership rates as borrowers struggle to allocate their income towards student debt.

8/28/2023

How Restarting Student Loan Payments Could Change Millions of Lives — And The Economy

The impending resumption of student loan payments after a three-year pause due to the pandemic is causing financial strain for borrowers, potentially leading to defaults and economic repercussions, despite some borrowers using the pause to pay down debt and improve their financial situation.

9/3/2023

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9/4/2023

Are spending cuts to blame for the schools concrete crisis?

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9/20/2023

Student Loan Payments Set to Resume in October, Potentially Slowing Economic Growth

The resumption of student loan payments in October is expected to negatively impact American economic growth and could harm borrowers and the wider economy alike, with economists predicting a potential disruption to the growing economy and a reduction in consumer spending.

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Posted 9/6/2023, 10:31:24 AM