Push National Student Debt Survey 2011: Headlines
These are the headline figures from The Push National Student Debt Survey 2011.
You can unpick the numbers by
year of study, by
region, by the
highs and
lows, and by comparing
how debts have climbed since Push started the survey in 2004.
You can see
where we think the debts are heading and
who students owe the money to.
DATE:
THE PUSH STUDENT DEBT SURVEY 2011: RESULTS SUMMARY
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All groups
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Respondents
|
Ave
debt/yr
|
Projected
debt
|
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All groups
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2808
|
£5,681
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£19,103
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By year of study
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Year of study
|
Ave
debt/yr
|
Projected
debt
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1
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£7,037
|
£24,117
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2
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£5,498
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£18,842
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3
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£5,380
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£18,437
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4
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£3,853
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£15,797
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5+
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£4,162
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£22,475
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Highest debts
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Highest average debts
|
Ave
debt/yr
|
Projected
debt
|
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Birkbeck,
University of London
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£15,458
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£57,658
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University College, London
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£14,788
|
£57,110
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Goldsmiths, University of London
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£11,040
|
£33,121
|
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Royal Veterinary College, London
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£10,642
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£45,139
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Sheffield Hallam University
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£9,953
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£36,025
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Lowest debts
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Lowest average debts
|
Ave
debt/yr
|
Projected
debt
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University of Strathclyde
|
£726
|
£3,115
|
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Heriot-Watt University
|
£855
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£3,853
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University of Aberdeen
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£1,366
|
£5,465
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Robert Gordon University
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£1,545
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£6,392
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University of the West of Scotland
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£1,778
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£7,193
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Where is the money owed?
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Creditor
|
Ave
debt/yr
|
% of total debt
|
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Parents/family
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£1,677
|
13.2%
|
|
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The Student Loans Company
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£9,567
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75.1%
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Bank accounts
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£628
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4.9%
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Credit cards
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£242
|
1.9%
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University or student union
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£72
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0.6%
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Other
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£559
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4.4%
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Historical comparisons: 2004-2011
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Annual comparisons by UK nation
|
Average
debt per year of study
|
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| |
|
Year
|
Wales
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Scotland
|
NI
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England
|
UK
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2004
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£2,940
|
£2,547
|
£820
|
£3,379
|
£3,411
|
|
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2005
|
£3,144
|
£2,476
|
£820
|
£3,660
|
£3,428
|
|
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2006
|
£3,441
|
£2,283
|
£3,387
|
£3,200
|
£3,117
|
|
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2007
|
£4,136
|
£2,344
|
£4,067
|
£4,295
|
£4,097
|
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2008
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£4,021
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£3,453
|
£3,061
|
£4,729
|
£4,530
|
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2009
|
£4,782
|
£2,194
|
£4,324
|
£5,271
|
£5,066
|
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2010
|
£6,411
|
£2,637
|
£3,769
|
£5,293
|
£5,340
|
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2011
|
£6,231
|
£2,025
|
£4,319
|
£5,876
|
£5,681
|
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%change (2010 to 2011)
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-2.8%
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-23.2%
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14.6%
|
11.0%
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6.4%
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Debt projections
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Projected
debts for new students on graduation (estimated at the time for that year's
intake)
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Year
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UK
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2008/09
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£22,000
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2009/10
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£23,500
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2010/11
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£24,700
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2011/12
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debt per
year:
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£6,043
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£26,100
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2012/13*
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debt per
year:
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£15,581
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£53,400
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* Average fees from 2012 have been assumed to be £8,630
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Copyright Push © 2011
Last updated on: 15 August 2011