University towns across the UK could see student populations halve by 2020 as a result of soaring tuition fees, according to a new report.
Home insurer LV= conducted the survey and warns that parts of Newcastle upon Tyne, Lincoln and Sheffield could become ghost towns as non-local students choose to study closer to home and live with their parents. Currently only a fifth of UK full-time students live at home, although 52 per cent of younger students could be in local higher education by 2020, when tuition fees are expected to rise to more than £9,000 a year.
LV= urges parents to ensure they are properly insured as students have possessions worth £2, 500 on average at their family home. LV= home insurance managing director, John O’Roarke, said: "With such a vast number of higher education students set to remain in the family home over the next 10 years, we would urge parents to ensure they have adequate insurance in place."
Rise in tuition fees could produce university ghost towns
Wed, 27 Apr 2011
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