Students and Inflation in France

Résumé du document

These times are not only a tumultuous phase for systems and companies. It is also a difficult period for people and particularly for the precarious branch of the population of students. They are very sensitive to the evolution of the economy because their purchasing power is solely dependent on governmental aids and part time employment. Therefore, the chosen article is about the student situation prior to the beginning of the scholar year 2007. The article depicts the evolution between inflation and aids, and its subsequent consequences. To conclude, the highlights of the essay would include what was the evolution and the situation of the actual student purchasing power in France? To rectify and treat this problem, we will develop our report around three main student expense poles which is real estate, food and miscellaneous.

Extraits

[...] Inexperienced and unskilled workers is a characteristics of most students, as a consequence, the unemployed rate among them is over 22% in France. When renting a flat, you should pay a deposit ( or 3month of rents), so when you have a few revenues and constantly increasing rents, the ability to pay for the deposit is reduced consequently. So as to face this situation, students find solutions such as living at 2,3 or 4 persons per flat, this phenomenon of “Flat mate” generation is becoming more and more popular in France, whereas it used to take place in more expensive countries such as The United Kingdom or Ireland. [...]

[...] Students and Real Estate 2 B. Students and Food 4 C. Students and Extras 4 List of References 5 Descriptive abstract French En nous appuyant sur cet article du site internet du journal La croix nous n'avons pu que mieux constater l'aggravement de la situation financière des étudiants dans ce contexte de hausse des prix des produits de consommation menant à une diminution de leur pouvoir d'achat. Nous avons donc décidé de mettre en lumière la situation économique actuelle ainsi que son évolution au fil des années, et par la suite d'analyser les différents types de dépenses des étudiants afin de pouvoir conclure sur les effets de l'inflation sur leur pouvoir d'achat. [...]

[...] In effect, the minimum wage has only increased by and the average wages by from 1998 until 2008 (INSEE). When we compare those figures, we can easily understand why most French people even those belonging to the “medium-class” feel like getting poorer and feel more and more insecure about their future. Students are more affected from those difficulties for several reasons: First of all, most households are composed by at least 2 or more persons whereas students tend to have their own place and so cannot split the rent and other bills with their partner/flat mate / friend. [...]

[...] So, what are the evolution and the situation of actual student purchasing power in France? To treat this problematic, we will develop our report around three main student expense poles: real estate, food and extras. Article we used to conduct our research (www.la-croix.com) 1 Le pouvoir d'achat des étudiants en baisse pour la sixième année consécutive Le président de l'Unef Bruno Julliard, qui a présenté un rapport sur le pouvoir d'achat des étudiants mardi 28 août, estime que la situation a atteint "un stade critique" 2 Students and Real Estate Since 1998 until 2008, the Real Estate market has been increasing dramatically. [...]

[...] Some basic products like those ones are now getting out of the students' consumption habits. People and especially students who don't have a lot of money to spend in food and not too much time to cook it tend to eat cheaper products such as pizzas, chips, and other types of junk food with a lot of fat. In addition to that, students tend to avoid going to the restaurant and prefer spend less money in fast food like Mc Donald's, Kebabs restaurants and so on. [...]