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April 13, 2009

College students' financial support from parents at a record low

zendaikyo.jpgThe Tokyo Federation of Private University Faculty and Staff Unions has just reported the results of its annual survey of parents' financial support for students of private universities and junior colleges in the Tokyo Metropolitan Area. The figures are for June 2008 which is before the current global recession began, so the situation is likely to be even worse now.

The students' average monthly financial support from their parents was 95,700 yen which is the lowest since statistics were first kept in 1985 and is 23% lower than in 1994. The amount received from parents after rent has been subtracted was 36,000 yen. This is also the lowest figure ever and is less than half what it was in 1990.

The federation is concerned that in 2009 many parents may reach a point where they are simply unable to cope with these expenses.

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