good news?

excerpts from a bbc news article...

London was the most cost-effective city to study and work in, as higher wages outweighed the living costs, with Liverpool and Birmingham next, it said.

The research shows the average London undergraduate spends £243 a week on living and housing costs, but earns £150 from part-time work, leaving a gap of £93.

Of the £9bn to be spent next year by students, RBS said about £3.5bn would go on rent.

Another £1bn is expected to go on supermarket food shopping, £722m on going out, £342m on books and course materials, and £198m on music and CDs.

The recent study by the Association of Investment Trust Companies found students expected to leave university with an average debt of £7,208, while parents estimated it would be £9,741.

However, both were well short of the actual average debt a student has on graduating, which is £13,501.

The RBS survey is based on interviews with 2,639 undergraduates.

Student earnings league
'Cost-effective' towns for students, in ranking order
1 London
2 Liverpool
3 Birmingham
4 Manchester
5 Sheffield
6 Cardiff
7 Coventry
8 Southampton
9 Dundee
10 Leicester

Source: Royal Bank of Scotland

looks like working in london is better than working anywhere else. as a student, anyway.