2022 Student Accommodation

CUSHMAN & WAKEFIELD

4

Student DEMAND

There are now a record 2,175,835 full-time students studying at UK universities, which has a new record for higher education demand. There are also more students studying away from home than ever before, an increase of 221,990 students from five years ago. Overall, 1.63 million students now have a requirement for a bed space during their course of study.

COVID-19 and the continued internationalisation of higher education has increased demand for study . Increases in the number of UK 18-year-olds, combined with the effect of the predicted grades system have boosted UK demand for higher education. Overall a 8.0% year-on-year increase in students on 2019/20 has been observed, a far higher boost to demand than the 5.7% increase experienced in the aftermath of the Global Financial Crisis of 2007-2008.

FULL-TIME STUDENT NUMBER GROWTH 2010/11-2020/21

2,500,000

10.0%

8.0%

2,000,000

6.0%

1,500,000

4.0%

2.0%

1,000,000

0.0%

500,000 full-time students

year-on-year growth

-2.0%

-

-4.0%

Undergraduate

Postgraduate

Year-on-year growth

Source: HESA 2010/11-2020/21

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