Nearly half of university students can’t afford to move into accommodation, new research by UNiDAYS suggests.
UNiDAYS, the worlds largest student affinity network, found that four out of 10 students who live at home can’t afford to fly the nest.
This comes as Theresa May claims that UK degrees need to offer better value for money.
But officials at Staffordshire University insist that accommodation is affordable.
Henry Sakyi, Staffordshire University’s residence life officer, said: “Compared to other universities, what you get at Staffordshire is really cheap.
“It is recently renovated to a good standard. Stoke is one of the cheapest places to live in the country.
“Some students would say its cheaper to live in private houses, but that type of accommodation is not all inclusive with bills.
“If people live in halls, we give them are to ensure that their rooms are clean, and we have a duty of care on their behalf.”
Mai Fenton, Marketing Director at UNiDAYS, said: “It’s no surprise, with the rising cost of living and staggering tuition fees, that many students are just unable to afford the cost of living away from home whilst at university.”
“This highlights the need for careful budgeting and savvy spending over the course of your studies.”
George Jones, a second year student at Staffordshire University, said: “I live at home because it is cheaper than living on campus.
“Making friends has been a bit of an issue but nothing major.”
“Moving out is definitely part of the student experience and its something not everyone gets to do.”
Of the 2.28m students currently studying in the UK, 980,000 of those live at home.
A 2017 study by banking firm Aldermore found that those over 18 living at home increase parents’ outgoings by £4,996 a year, which over a three-year period at university adds up to almost £15,000.