Student finance worries lead to Xmas work
27 November 2009 16:00:00
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| Many students will take on paid employment this winter. |
According to the work experience site, 82% of students will take on a paid job this Christmas in order to make ends meet.
This includes the 16% who will work for three hours or more on Christmas Day.
Moreover, 93% of those who will work said that the jobs they planned to do were "not relevant" to their future careers.
Termtime student finances have become a more pressing issue with the onset of the recession, as many parents have suffered a drop in income due to losing their job or suffering a pay freeze.
This has made it tougher for their undergraduate offspring to make ends meet if they do not take on paid work.
Student loans also lead to longer-term financial worries, with studentgems.com claiming that the majority of present undergraduates will still be in debt by their mid-30s.
Push.co.uk, an advice website, also said recently that the average student beginning their studies this autumn will owe over £23,000 by the time they graduate.
Joanna Ward, co-founder of studentgems.com, commented: "As long as working does not [conflict with] commitments to their studies then [working] is a good thing to do as it helps prepare students for working life.
"However, working on Christmas Day and Boxing Day is a bit extreme; these days should be spent with family and friends."
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