The vast majority of students are extremely worried about their job prospects because of the recession, according to a survey on Tuesday. The study by the National Union of Students (NUS) found that 80 per cent of those at university were "concerned" or "very concerned" about current graduate employment levels and their future job opportunities.
A third were now more likely to enter a post-graduate course after completing their studies and one in four said they would get less financial help from their parents as a result of the economic decline. "It is clearly an extremely worrying time for all students, particularly with top up fees leaving them in record levels of debt," said NUS President Wes Streeting.
A study in January based on graduate vacancies at 100 top employers found that the intake of university leavers was to be cut by 17 percent in 2009. Furthermore, a report by university chiefs earlier this month, found that vice chancellors were in favour of raising tuition fees by up to 7,000 pounds -- more than double its current level.
That figure would leave the average students of debts of 32,000 pounds when they graduated. "The great distress being experienced by students and their families in the middle of this economic crisis puts the grossly insensitive demands of vice chancellors for even higher fees into stark perspective," Streeting said.