Year 12s: what will be the first way you research your future options? >>

So with all these cuts coming, is it better to stay in london or move out?

In terms of expenses..

Go wherever you want to.
Higher costs = higher loans and such, so wont really effect the present that much, just how much you pay back in the future.

Reply 2

angelmxxx

For university? Well the maintenance grant is going up so if you're entitled to a grant that's good...you get a bigger loan if you study in London anyway, so it will be more expensive but your loan+grant should be able to cover it.

The cuts won't make a difference to you on a deciding where to go basis, except for fees (if they vary from university to university), but that's not a London vs non London thing.

Reply 3

rugbyladosc

If you have no ties in london and rent it might be a good idea to move away because interest rates are going to go up so this will have a knock on effect with mortgages so rent will probably increase. However london will always be a very affluent area with many jobs which can't be said for other places in the UK atm.