Students face growing debt and falling income
Based on an annual survey of approximately 8,000 students across the country, the union said that the average monthly expenditure per student stands at about ILS5,477 (US$1,600). Meanwhile, average monthly earnings for working students stood at ILS4,643 – a 34% decrease since 2018. The survey also found significant differences in earnings between male and female students.
Average monthly expenditure for students across the country increased by 6% since last year. The most significant increase was recorded in monthly spending on food. “Prices are constantly rising and the cost of living continues to be a burden for every young man and woman in this country,” said National Union of Israeli Students chairman Shlomi Yehiav.
Full report on The Jerusalem Post site