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YnetEconomy

Israeli Students Face Economic Hardship, Consider Dropping Out

Translated & summarized from Ynet by baba

CenterNeutral tone

Hebrew · Sole source

A survey of 12,000 Israeli students found 70% are experiencing financial stress, and one-third considered dropping out due to economic hardship. Most students work while studying but earn less than their expenses, with housing being the largest cost. Reservists also report frustration over unequal service burdens and challenges reintegrating into academic life. The National Union of Students is urging political parties to prioritize young people's issues, including the cost of living, in upcoming elections.

The story in 6 lines · by baba

  • 70% of Israeli students report financial stress, with one-third considering dropping out due to economic hardship.
  • The average student's monthly income of NIS 6,235 falls below their expenses of NIS 6,906.
  • 68% of reservist students feel frustrated by the unequal burden of military service.
  • Only 43% of students found academic adjustments made due to the war to be significantly helpful.
  • The high cost of living is a key voting issue for 67% of students.
  • The National Union of Students calls for a national plan for young people.

A recent survey reveals significant economic distress among Israeli students, with 70% reporting stress or anxiety due to their financial situation. The study, conducted by the National Union of Students and surveying 12,000 students, indicates that one-third considered dropping out of their studies during the past year, primarily because of financial difficulties. Other reasons cited for considering withdrawal include academic workload and mental health challenges.

Many students are working to support themselves, with 81% employed while studying, though only 49% work in fields related to their studies. The average monthly income for a student is NIS 6,235, falling short of the average monthly expenses of NIS 6,906. Housing costs are the largest expense, averaging NIS 3,155 per month, and about half of students rely on parental support.

The survey also highlighted the impact of reserve duty on students. 68% of reservists expressed frustration, burnout, or anger over the unequal burden of service, with 38% stating it affects their motivation for future service. Returning to studies after service is challenging for 64% of reservists, who report feeling disconnected from peers who did not serve.

Student satisfaction with academic adjustments made in response to the war is low, with only 43% finding them significantly helpful. Looking ahead to elections, 67% of students identify the high cost of living as a major voting consideration, followed by internal security and foreign policy.

Sivan Koren, Chairwoman of the National Union of Students, called the findings a wake-up call for political parties, emphasizing the need for a national plan for young people addressing cost of living, employment, and mental resilience, with measurable goals and representation in decision-making.

YnetCentre · Rishon LeZion

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