The true cost of your degree

Arts students pay over 3 times as much per hour

As fresh-faced students embark on their first term of university, the days ahead are likely to be focused on raving rather than saving. Students aren’t likely to think about money in the first few weeks of term, but soon reality will set in and money and budgeting will (begrudgingly) become a large part of their adaptation to university life.

Voucherbox.co.uk has conducted new research into how much your degree actually costs based on how many hours spent in the seminar room. What degree is the best value for money and which gives the least bang for your buck?

The research reveals that those who study an arts degree (History, English Literature, Theatre etc.) are paying over 3 times as much per hour as a student specialising in a Science subject.

A biology student will have on average of 22 contact hours per week while a history student will have on average of 8 hours per week. As a result, a history or literature student will pay £38.50 per hour while a biology student will pay £18.10 per hour – that’s a significant amount of pints.

A degree in nursing requires 26 contact hours per week, which means that a nursing student in the UK will pay £8.63 per hour while a language student will be paying on average £27.50 per hour.

With university fees tripling in 2012 and being increased by £250 this year, students will now be left with around £27,750 of debt after their degree.

These findings show that although the arts are often the most appealing subject to students, a degree in science will actually be of much better value. A history student should think twice about skipping that Monday morning seminar – it could cost you close to £50.

Students: if you’re looking to save money on your food shop, have a look at our Sainsbury’s vouchers to take some money off your weekly (or monthly) shop.

 

The cost of your degree

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Data sourced from which? University and Voucherbox.co.uk