One in Ten Students Blow Over £2700* Within First Fortnight of Term - Seite 3

For more information on top tips for students please visit: https://www.comparethemarket.com/inertia/

Notes to Editors:

* This is based on a maintenance loan of £2,714 provided by the UK government per term for a student carrying out full time higher education, living away from home, with an average household income of £27,500 - stated by the ONS here as the average household disposable income in the financial year of 2015.

METHODOLOGY 

All data is sourced from comparethemarket.com.

Data relating to student spending is sourced from YouGov, August 2016. The total sample size for the student poll was 1,002 university students, and the fieldwork was carried out between 2^nd - 8^th August 2016.

The total sample size for the parents poll was 1,030 parents of student currently at university. Fieldwork was undertaken between 2nd - 10th August 2016.  

About the Institute of Inertia 

The Institute of Inertia, a partnership between comparethemarket.com and the University of Sheffield, launched in 2015 and looks at the psychology behind financial inertia to help consumers save wasted time and money.

The Institute of Inertia is a network of experts and academics led by The University of Sheffield's Dr Thomas Webb, a specialist in consumer behaviour. A programme of qualitative and quantitative research tranches inform the Institute of Inertia to help shape and test potential solutions to drive behavioural change.  

For more information on the Institute of Inertia, please visit http://www.Instituteofinertia.org   

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