The real cost of graduation
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Choosing university is never a cheap option. Many potential undergraduates are terrified by the prospect of tuition fees, loans and living expenses, not to mention securing a job afterwards that will allow them to pay back the debts accrued during their degree. Few of us consider in our list the cost of graduating from university, but recently, an increasing amount of graduates have been complaining about the money required to finish off their experience of higher education with a bang. It could be argued that recently university has become synonymous with expense. Many UK universities will begin charging up to £9000 for their courses at the beginning of this academic year, and prospective students’ expectations will rise accordingly. Will an increase in fees mean that more benefits are included as part of the package? A student currently paying over £3000 per year must buy all their books and equipment, sometimes at the cost of hundreds of pounds. Equally, will graduation expenses eventually become part of an all-inclusive deal? Debate over tuition fees has called into question the value of university and forced students to demand a guaranteed return for their money. It is only natural that the cost of graduation – the inevitable conclusion (hopefully!) of university – has been next to come under scrutiny. This year the cost of attending a graduation ball ranged considerably but most universities offered a package costing around £50. At the cheaper end, Leeds students were set back £27 while those wishing to celebrate at Warwick had to fork out £68.
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