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The Open University is a Great Option as Student Loans Increase
Open University
The higher cost of student loans can hit young people hard, in some cases making their hopes of studying at university less attainable. However, by making a few small changes to their plans, prospective students can cut a significant amount out of their financial obligations, when carrying out their studies at home.
With tuition fees increasing along with property rates, students planning to rent accommodation in or near to their universities could find the combined cost too high, particularly over the three to four years required for most courses. These are among the chief reasons why more students are choosing to live at home during their studies, with a recent survey finding that one in five students now reside with their parents during their university years – a figure that’s likely to increase proportionally with escalating costs.
Living at home can be much more financially viable for full-time students who are unable to devote the time and energy to part-time jobs during their studies. By allowing them to set aside what money they do earn during their university years, they will also be in a much better position to start paying off student loans sooner. Even students who don’t happen to live close to their preferred universities have another option for home study, in the form of degrees from establishments such as the Open University.
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Studying at home isn’t only cheaper, it can also be much more convenient and offer a more supportive environment for students – particularly those who are close to their families and don’t wish to leave their friends behind. If family members are willing to pay for essentials such as grocery shopping, that also allows students to stretch their loans further, ensuring they’ll always be able to afford course materials such as business books and other textbooks.
Student loans have been on the rise ever since they replaced student grants in the UK in the early 1990s. While students in those early years could expect to leave university owing around £2,000, the figure increased many times over during the next decade, and in the last 10 years has increased at an ever sharper rate – with students in lower socio-economic groups being perceived as the most affected by the changes.
Thanks to home living and options such as the studying from home, students don’t have to let their hopes be dashed by increases in loans and other costs, and can enjoy their years of study without thinking too much about financial worries.
Lakerettes hold auditions and hope for varsity status
Open University
The Roosevelt University cheer and dance team has kicked off their new seasons with open tryouts. Tryouts were held Sept. 25 and this past Sunday. The Lakerettes lifted off last year during the revival of the University's athletic program. …
Open University question by jen: What do you think about the open university?
thinking of doing a degree with them
what’s your experience with the Open University did you have ot quit your job?
Open University best answer:
Answer by Tony S
It specialises in providing study opportunities for those who have other commitments. There is no need to quit your job as study is organised around your work life. You would have to be prepared to give up some of your free time each night or each week to read from recommended texts and write assignments.
Generally you can expect to devote 2-3 hours per day to study if you want to progress reasonably quickly. Weekends of course can help you devote more hours to the cause. If you have less time available your course will take longer. But they understand and expect this and you have plenty of time to earn your degree.
They offer a lot of support and advice on study methods and organising your time efficiently. Employers also recognise the dedication of OU students and the degrees are highly respected.
Studying with the OU could not be considered to be an easier option and the degree is no less valuable than those awarded elsewhere. If anything it is viewed as having more merit as you have stuck at it in addition to your other commitments and still made the grade.