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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

All groups

 

 

 

 

 

 

Respondents

Ave debt/yr

Projected debt

 

 

All groups

2808

£5,681

£19,103

 

 

 

 

 

 

 

 

By year of study

 

 

 

 

 

Year of study

Ave debt/yr

Projected debt

 

 

 

1

£7,037

£24,117

 

 

 

2

£5,498

£18,842

 

 

 

3

£5,380

£18,437

 

 

 

4

£3,853

£15,797

 

 

 

5+

£4,162

£22,475

 

 

 

 

 

 

 

 

 

Highest debts

 

 

 

 

 

Highest average debts

Ave debt/yr

Projected debt

 

 

 

Birkbeck, University of London

£15,458

£57,658

 

 

 

University College, London

£14,788

£57,110

 

 

 

Goldsmiths, University of London

£11,040

£33,121

 

 

 

Royal Veterinary College, London

£10,642

£45,139

 

 

 

Sheffield Hallam University

£9,953

£36,025

 

 

 

 

 

 

 

 

 

Lowest debts

 

 

 

 

 

Lowest average debts

Ave debt/yr

Projected debt

 

 

 

University of Strathclyde

£726

£3,115

 

 

 

Heriot-Watt University

£855

£3,853

 

 

 

University of Aberdeen

£1,366

£5,465

 

 

 

Robert Gordon University

£1,545

£6,392

 

 

 

University of the West of Scotland

£1,778

£7,193

 

 

 

 

 

 

 

 

 

Where is the money owed?

 

 

 

 

Creditor

Ave debt/yr

% of total debt

 

 

 

Parents/family

£1,677

13.2%

 

 

 

The Student Loans Company

£9,567

75.1%

 

 

 

Bank accounts

£628

4.9%

 

 

 

Credit cards

£242

1.9%

 

 

 

University or student union

£72

0.6%

 

 

 

Other

£559

4.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Historical comparisons: 2004-2011

 

 

 

 

 

 

Annual comparisons by UK nation

Average debt per year of study

Year

Wales

Scotland

NI

England

UK

2004

£2,940

£2,547

£820

£3,379

£3,411

2005

£3,144

£2,476

£820

£3,660

£3,428

2006

£3,441

£2,283

£3,387

£3,200

£3,117

2007

£4,136

£2,344

£4,067

£4,295

£4,097

2008

£4,021

£3,453

£3,061

£4,729

£4,530

2009

£4,782

£2,194

£4,324

£5,271

£5,066

2010

£6,411

£2,637

£3,769

£5,293

£5,340

2011

£6,231

£2,025

£4,319

£5,876

£5,681

%change (2010 to 2011)

-2.8%

-23.2%

14.6%

11.0%

6.4%

 

 

 

 

 

 

Debt projections

Projected debts for new students on graduation (estimated at the time for that year's intake)

 

 

 

 

 

 

Year

UK

 

 

2008/09

£22,000

 

 

2009/10

£23,500

 

 

2010/11

£24,700

 

 

2011/12

debt per year:

£6,043

£26,100

 

 

2012/13*

debt per year:

£15,581

£53,400

 

 

 

 

 

 

 

 

* Average fees from 2012 have been assumed to be £8,630

 

 

 

 

 

 

Copyright Push © 2011

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