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Showing posts with the label Suicide

The Ever-Increasing Issue of Student Finances: The Need for a Financial Regulator to Intervene

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Today’s post looks at the news that the costs of student accommodation have increased to the point that now more than half of all students in the U.K. pay more than £100 per week for their accommodation , a rise of just under 20% in three years. We have looked at the issue of spiralling costs in this sector before in Financial Regulation Matters , where the call was for regulatory vigilance. However, this news, when paired with the ever-increasing rate of student suicides, the increasing deterioration of students’ mental health, protest after protest against spiralling costs, and fears over the continuing commercialisation of the Higher Education sector, leads one to believe that the time for ‘vigilance’ has passed – what is required now is action. In this post the ever-deteriorating situation will be analysed, and rather than a State, via the Financial Reporting Council, looking to intervene and reduce the pressures upon record numbers of students, the reality of the situation is ...