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Student Guinea Pigs
Students across the UK are taking desperate measures to make ends meet, says report.
16:35 26 August 2015
One in eight university students sell their bodies to science to pay tuition fees, says report. The study also found that more and more are falling into debt with payday lenders and gamble in an attempt to fund their studies.
The survey, which was participated by 1,000 university students across the UK, found that most take desperate measures to make ends meet. It revealed that 25per cent of students owe an average of £342 to payday lenders and 92.4per cent of them admitted to incurring late charges at extortionate interest rate. Meanwhile, one in eight admitted to taking part in paid clinical trials for drug companies.
Brian Norton, Chief Executive of Future Finance, said:”The latest results of this survey make it plain that the growing gap between the costs of education and available financing sources is still leading students to make bad choices, or in some cases, could simply exclude them from furthering their education altogether.
“We believe that no student with the desire and ability to pursue a university education should be denied the opportunity to do so because they lack the financial resources.”