As thousands of prospective students are gearing up for a summer full of university open-days and UCAS applications, Expert Market has compiled a list of the best value universities in the country to help school leavers on their way.
A Unique Study
With tuition fees climbing and living costs rising, the cost of attending university is important to consider. Equally important though, is the way a university prepares its students for the world of work. That’s why Expert Market have conducted a study that looks at both. The report is unique in its consideration of both the costs and benefits of attending each university.
We cross-referenced cost and expense data such as tuition fees, accommodation costs and even the price of a local pint, with the income and opportunities that students will enjoy after graduating from every university in the UK. Expert Market applied a weighted ranking to each factor and the results reveal which universities give students the best return on their investment.
Loughborough Leads the Way
Known for its sporting prowess and enviable nightlife, students at Loughborough University can now enjoy their studies knowing they are attending the best value university in the country. Loughborough had a winning combination of low living costs and excellent graduate prospects.
Interestingly, Cambridge and Oxford failed to make the top 10 best value universities. Despite ranking extremely highly for graduate prospects, both are expensive places to live and study. Outside of London, Oxford is the most expensive place to rent university accommodation (£6,816 per year) and so dropped to 52nd in our ranking. In 12th place, Cambridge fared slightly better, but still proved too expensive to make the top 10.
North Trumps South
The 10 best value places to study are made up primarily of northern and midland universities – though the University of Bath is a notable exception. In 8th place, the University of Bath scores highly in for graduate prospects which balances out its moderately high living costs.
Students looking for a good value place to study should stay clear of London universities. None of the capital’s institutions made our top 20. In 21st place, St. George’s University of London tops the London list. As a medical school, the graduate prospects for students here are some of the best in the country, which helps to counteract the high costs of living and studying in London
The Top 10 Universities
The Best of The Rest: Where Does Your University Rank?