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University, is it becoming too expensive?

University, is it becoming too expensive?
Students heading to university this autumn will graduate with debts of up to £23,500, new research suggests.

Undergraduates now owe on average £5,000 for each year of study, according to a poll of 2,000 students in all years at university.

Undergraduates coming to the end of their first year of study can expect to owe £21,200 by the time they graduate, the Push Student Debt Survey found.

Those starting degree courses this autumn should count on owing at least £2,000 more than that, around £23,500 in total, the survey suggested. Students completing their third year of studying owe £13,874.

The study also reveals students in England owe considerably more than their peers in other parts of the UK. Average debt per year of study in England is £5,271, compared to £4,021 in Wales, £2,194 in Scotland and £4,324 in Northern Ireland.

Is university really worth it? Does a degree still hold a real advantage in today's market? Do you regret going to university or do you regret not going to university? Are you a prospective university student who is put off by the growing cost of studying? What are your views?


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Added: 4 September 2009 11:13
Sandman says:
I do not have a degree and when my son wanted to go to University I asked him if he would consider,plumbing, electrical,building or water management trades even teaching.
I believe the prestige of a Degree and Bsc Hons after your name if you choose to use it, is a very big pull.My son and daughter both have their Hons Degree and are still paying their loans off 5years on,It is a sence of achievement and pride in yourself to have one But the work you find will not put you in the top management bracket. IS IT WORTH IT,if you have set your "Goals", YES and be pleased with yourself, just to get one, then NO the cost is beyond reasonable. When you may find an Employer after 1years employment who may insist on you going for a Degree at their expence.

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