How do students afford luxury accomodation?

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lil_hellgirl
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Student loans usually aren't enough to cover luxury accommodation - I'm talking spacious double rooms, ensuites, studios even... is it literally just the ones with rich parents?
I'm currently on a gap year working full time trying to save for uni, my income is around 900 a month. How much should I be saving in order to live in a nice accommodation in Manchester?
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999tigger
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(Original post by lil_hellgirl)
Student loans usually aren't enough to cover luxury accommodation - I'm talking spacious double rooms, ensuites, studios even... is it literally just the ones with rich parents?
I'm currently on a gap year working full time trying to save for uni, my income is around 900 a month. How much should I be saving in order to live in a nice accommodation in Manchester?
Rich parents, working or inheritance.

Look up the accommodation and work out how much you will need. The students living there will be of the above type and if a fresher then you will be away from the main body of students as they will be in uni accomm..
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CoolCavy
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Can't speak for all places but at my uni the vast majority of those in the very posh accommodation a stone's throw from the uni were international students from outside of the EU
These are generally the wealthiest students as they have to have quite a large financial backing to afford just the tuition costs alone
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londonmyst
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Divorce settlements, employer sponsorship, inheritances, personal savings, wealthy ancestors/other relatives who are inclined to be generous, sugar-baby allowances.
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madame_j
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I think these are usually rich parents/relatives.
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Jack22031994
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(Original post by lil_hellgirl)
Student loans usually aren't enough to cover luxury accommodation - I'm talking spacious double rooms, ensuites, studios even... is it literally just the ones with rich parents?
I'm currently on a gap year working full time trying to save for uni, my income is around 900 a month. How much should I be saving in order to live in a nice accommodation in Manchester?
For a lot of the luxury ones, it will be wealthy parents etc

Id say save as much as you are able to regardless.
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ROTL94
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The bank of Mum & Dad.
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Deggs_14
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Wealthy parents
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