Students cut essentials as living costs and mental health struggles rise sharply

Students across the country are facing growing financial and mental health challenges, according to new figures. Rising living costs have forced many to cut back on essentials, with accommodation and healthcare topping their list of concerns.

A recent survey reveals that 70% of students have reduced everyday spending to manage unexpectedly high expenses. Accommodation has hit them hardest, with 77% reporting it costs far more than anticipated. Annual living costs also climbed by 2.3% to 4.2% last year, adding to the strain.

Food habits have shifted as a result. Three-quarters of students now rely on takeaways, while 81% avoid buying fresh fruit and vegetables due to price. Only 49% of those with high wellbeing maintain a balanced diet, compared to 31% with moderate wellbeing and just 17% with low wellbeing. Financial stress is taking a toll on mental health. One in three students actively struggles with their wellbeing, and 61% name living costs as a major stressor. Healthcare affordability worries 82% of respondents, while 27% have even considered dropping out because of financial pressure.

The findings highlight a difficult reality for students balancing education and basic needs. With accommodation, food, and healthcare costs rising, many are making sacrifices that affect both their diets and mental health. The long-term impact on their studies and wellbeing remains a key concern.