Navigating the modern university experience: A look into UK's Gen Z spending habits
Sam, a Chartered Management Degree Apprentice at TUI, reflects on this, noting
I think the cost-of-living is definitely affecting me personally. And a lot of the people that I speak to have cut back on takeaways and fast food. I do my essential food shop each week and really try and look for deals. In terms of luxuries, they're quite minimal at the moment.
The core question arises – do students still possess that untamed enthusiasm for university life? In our 2023 Freshers Spends and Trends report, we investigated what changes in spending we are seeing from Gen Z and, crucially in this blog post, what the student accommodation sector can learn from this insight.
Financial conservatism is evident
This year's students are demonstrating increased financial caution, particularly when it comes to non-essential spending. Abishek, a student at The University of Oxford, sheds light on the changing work habits:
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