866-997-4948(US-Canada Toll Free)

Student Lifestyles - UK - June 2014

Published By :

Mintel

Published Date : Jun 2014

Category :

Lifestyle

No. of Pages : 103 Pages

Universities are operating in an increasingly competitive marketplace for higher education, with an estimated revenue stream of £18.7 billion in the UK. Domestic institutions are also competing with foreign universities, as more and more students choose to study abroad in search of a lower cost of living and cheaper fees. Universities would benefit from stepping up their efforts to learn about student expectations and how they can match them to drive growth in the education sector.
Table of Content

Introduction

Methodology
Abbreviations

Executive Summary

Degree as a prerequisite for getting a job
Figure 1: Reasons for going to university, April 2014
Nearly two thirds of monthly income is spent on rent, bills and groceries
Figure 2: Monthly term time expenditure (mean spend), April 2014
Convenience drives eating habits
Figure 3: Cooking and eating habits, April 2014
Students are getting more serious about their education
Figure 4: Attitudes towards tuition fees and future prospects, April 2014
What we think

Issues and Insights

Making the transition from home to university smoother
The facts
The implications
Opportunities for parents to be firmer about asking their offspring to contribute around the household and learn budgeting skills
The facts
The implications
Students expect universities to deliver more value for money as a result of raised tuition fees
The facts
The implications

Trend Application

Trend: Help Me Help Myself
Trend: Click and Connect
Mintel Futures: Generation Next

Student Demographics

Key points
Tuition fees
Higher education statistics
Figure 5: Trends in first year student enrolments in higher education courses, by mode of study and domicile, UK, 2008/09-2012/13
A global perspective
Higher education participation by gender
Figure 6: Undergraduate students, by mode of study and gender, UK, 2012/13
Subject area
Figure 7: Full-time undergraduate student enrolments, by subject area, UK, 2011/12 and 2012/13
Average graduate earnings
Figure 8: Average annual pay for graduates with undergraduate degrees, by main subject of undergraduate degree, UK, April-June 2013
University group and working status
Figure 9: Working status, by university group, April 2014
Current living situation
Figure 10: Current living situation, by gender and age, April 2014

The Consumer – Reasons for Going to University

Key points
Graduate premium continues to fall
Figure 11: Reasons for going to university, April 2014
Student priorities vary by gender
Figure 12: Reasons for going to university, by gender and age, April 2014

The Consumer – Student Spending Habits

Key points
Majority of students manage to get by financially
Figure 13: Current financial situation, April 2014
Students living with mum and dad feel more financially secure
Figure 14: Current financial situation, by current living situation, April 2014
Nearly two thirds of monthly income is spent on necessities
Figure 15: Monthly term time expenditure (mean spend), April 2014
Cost of living an important driver of student satisfaction
Figure 16: Monthly term time expenditure on rent and bills (excluding mobile phone), savings and mobile phone, by university region, April 2014
Spending priorities vary by gender
Figure 17: Monthly term time expenditure, by gender and age, April 2014
Juggling work and studies to keep afloat
Figure 18: Monthly term time expenditure, by working status, April 2014
Stay-at-home students save more than twice on rent compared with others
Figure 19: Monthly term time expenditure, by current living situation, April 2014

The Consumer – The Student Experience

Key points
Student concerns evolve with age
Figure 20: Student concerns, April 2014
Helping students deal with stresses of university life
Figure 21: Student concerns, by gender and age, April 2014
Money may not buy happiness
Figure 22: Student concerns, by current financial situation, April 2014
Fledgling couples could benefit from financial advice
Figure 23: Student concerns, by current living situation, April 2014

The Consumer – Students’ Cooking and Eating Habits

Key points
Growing awareness about healthy eating
Lack of time encourages unhealthy snacking
Figure 24: Cooking and eating habits, April 2014
Figure 25: Example of a ‘Farmer’s Fridge’ vending machine, May 2014
Females have a sweeter tooth compared with males
Figure 26: Cooking and eating habits, by gender and age, April 2014
Figure 27: Fruit Loaded Chunky Granola, May 2014
Students develop healthier eating habits after leaving parental home
Figure 28: Cooking and eating habits, by current living situation, April 2014

The Consumer – Postgraduate Plans

Key points
Getting on the career ladder is priority number one
Figure 29: Plans after graduation, April 2014
Desire to get a second degree grows weaker with age
Figure 30: Plans after graduation, by gender and age, April 2014
Nearly a quarter of students in their third year or beyond are uncertain about where they will live after graduation
Figure 31: Living plans after graduation, April 2014
Almost three in 10 females aged 18-20 will move back with parents after graduation
Figure 32: Living plans after graduation, by gender and age, April 2014

The Consumer – Parental Influence

Key points
Tuition fees bite at Russell Group universities
Figure 33: Attitudes towards the role of family and parental expectations, April 2014
British mums and dads show a more lenient side
Figure 34: Attitudes towards the role of family and parental expectations, by current course year, April 2014
Parental expectations higher for older sons
Figure 35: Attitudes towards the role of family and parental expectations, by gender and age, April 2014

The Consumer – Attitudes towards Tuition Fees and Future Prospects

Key points
Young people are becoming more serious about their education
Figure 36: Attitudes towards tuition fees and future prospects, April 2014
Female students expect more from universities
Figure 37: Attitudes towards tuition fees and future prospects, by gender and age, April 2014
Family background has a direct effect on student confidence in being able to find their ideal job
Figure 38: Attitudes towards tuition fees and future prospects, by university group, April 2014

Appendix – Student Demographics

Figure 39: Student demographics – Gender and age, April 2014
Figure 40: Student demographics – Age within gender, April 2014
Figure 41: Student demographics – University region, April 2014
Figure 42: Student demographics – University group and current course year, April 2014
Figure 43: Student demographics – Parental social grade, April 2014
Figure 44: Student demographics – Working status and current living arrangements, April 2014

Appendix – The Consumer – Reasons for Going to University

Figure 45: Reasons for going to university, April 2014
Figure 46: Most popular reasons for going to university, by demographics, April 2014
Figure 47: Next most popular reasons for going to university, by demographics, April 2014

Appendix – The Consumer – Student Spending Habits

Figure 48: Term time expenditure (mean), April 2014
Figure 49: Term time expenditure (mean) – Monthly, by demographics, April 2014
Figure 50: Term time expenditure (mean) – Weekly, by demographics, April 2014
Figure 51: Current financial situation, April 2014
Figure 52: Current financial situation, by demographics, April 2014

Appendix – The Consumer – The Student Experience

Figure 53: Current financial concerns, April 2014
Figure 54: Biggest student concerns, by demographics, April 2014
Figure 55: Other student concerns, by demographics, April 2014
Figure 56: Current financial concerns, by current financial situation, April 2014

Appendix – The Consumer – Students’ Cooking and Eating Habits

Figure 57: Cooking and eating habits, April 2014
Figure 58: Most popular cooking and eating habits, by demographics, April 2014
Figure 59: Next most popular cooking and eating habits, by demographics, April 2014

Appendix – The Consumer – Postgraduate Plans

Figure 60: Plans after graduation, April 2014
Figure 61: Living plans after graduation, April 2014
Figure 62: Most popular plans after graduation, by demographics, April 2014
Figure 63: Living plans after graduation, by demographics, April 2014

Appendix – The Consumer – Attitudes towards Parental Influence, Tuition Fees and Future Prospects

Figure 64: Attitudes towards tuition fees and future prospects, April 2014
Figure 65: Attitudes towards tuition fees and future prospects, by most popular reasons for going to university, April 2014
Figure 66: Attitudes towards tuition fees and future prospects, by next most popular reasons for going to university, April 2014
Figure 67: Most popular attitudes towards tuition fees and future prospects, by demographics, April 2014
Figure 68: Next most popular attitudes towards tuition fees and future prospects, by demographics, April 2014

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title *
  • Company *
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *