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Students splash more cash on rent

Average rent rates for students in the UK have risen by seven per cent compared to last year, according to a new report by Accommodation for Students.Social housing website 24dash published the report findings showing that an average UK student would pay £60 per week for their digs in 2007, which is four pounds more than 2005. Yet this figure does not reflect the experience of all students, as rents vary dramatically depending on which university is attended and its location.London remains the most expensive place to study, where spending £102 per week on rent is the norm, at 71 per cent above the overall UK average. Oxbridge students also pay more with those attending Cambridge expecting to shell out £84 per week, 42 per cent above the national average.Accommodation tends to be cheaper around less popular universities such as Crewe, Middlesbrough and Stoke, where the average weekly rent bills are £37, £38 and £40 respectively.Simon Thompson, co-founder and director of Accommodation for Students, commented: "Now that students are accumulating large borrowings to subsidise their study the cost of accommodation has become a critical factor in their choice of university."

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