Blog: Students' livelihood and well-being raises concerns18.9.2020
How often do you have to think about if you have enough money as a student? Danskebank asked students this together with Akava in a Financial peace of mind research. The results were released last month. According to this research, more than every third student has to worry about their money at least weekly.
Luckily, it is possible to study and get along at least with a student loan here in Finland. However, after counting cents in the end of every month and stressing over surprising expenses is a long time to last for over three years. Working is even necessary to some students. Even though it might be difficult to combine both studying and working, everyday life will not get easier if your personal finance is weak.
Sometimes it even feels like students have to make a choice between money and managing in this everyday life balancing between studying and working. The research mentioned above revealed that students don't worry about their finances a lot more than other people. Still, these other people might still be able to enjoy free evenings or weekends - maybe even holidays.
One thing that many working students might worry about is if they have enough student allowance months. At the same time, the pressure of graduating starts to stress and the study workload increases towards the end of the studies. It is alarming that now the Ministry of Finance suggests that the allowance months would be decreased so that there is even less flexibility. How many things causing us stress do we need?
This all gets us thinking that what if after graduating you don't only worry about if you have enough money, but if you have enough strength to work so that there's enough money in the future, too.
In Politbyroo podcast was told a couple weeks ago that, for example in service sector, it is hard to get a job in 70 % of the companies if you have a low educational level. At least according to this, it seems to be important for our society to get high educated employees. How can we maintain our higher education attracting for potential students and make sure that it will make able-bodied future professionals?
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