University dropout rates reach new high, figures suggest
The Student Loans Company said there had been a 28% rise over five years in students who signed up for a loan before dropping out of a course. The number went from 32,491 in 2018-19 to 41,630 in 2022-23 – a rise of 9,139. By comparison, the number of students enrolling on degrees in the United Kingdom rose by almost 11% between 2018-19 and 2021-22.
These figures are from the Higher Education Statistics Agency, and include all UK universities. It found the total number enrolling in a first degree increased by 5% from 2019-20, then by 8% in 2020-21, and decreased by 2% in 2021-22 – a total percentage change of 10.9%. Figures show most students who are eligible take out student finance to pay for tuition fees or living costs.
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