The rent is too damn high!

The rent is too damn high!

At University College London, accommodation fees have risen by an average of 56% since 2009 and is set to make a £15,779,000 profit from running its halls this year alone - enough to fund a rent cut of approximately 45%.
This constitutes nothing less than a tuition fee increase by stealth and one directly impacting the everyday lives of students. Whilst student income stagnates and as the government is scrapping maintenance grants for students from lower-income backgrounds, UCL continues to rapidly increase their rent prices, without regard for the well-being of their own students.
The cheapest single room at the university this year is £135.59 per week, a total of£5423.60 for the academic year, yet only 6 years ago, this same room was £94.01 per week, whilst the very cheapest room that year cost just £55.62. Today, instead, many students are forced to pay up to £217.77 per week - £8710.80 in total.
This, quite simply, is unfair; more and more students are either forced by their own university into financial difficulties by unaffordable accommodation fees or decide not to apply as their financial status becomes an unofficial entry requirement.
Our demands:
- An immediate 40% rent cut for all residents in University College London accommodation
- The establishment and maintenance of affordable rent prices in UCL accommodation
- Full transparency and student involvement within the rent setting process