{"id":119028,"date":"2020-10-29T13:11:37","date_gmt":"2020-10-29T12:11:37","guid":{"rendered":"https:\/\/www.erasmusmagazine.nl\/en\/?p=119028"},"modified":"2025-12-19T11:25:11","modified_gmt":"2025-12-19T10:25:11","slug":"students-are-earning-and-borrowing-more","status":"publish","type":"post","link":"https:\/\/www.erasmusmagazine.nl\/en\/2020\/10\/29\/students-are-earning-and-borrowing-more\/","title":{"rendered":"Students are earning and borrowing more"},"content":{"rendered":"

The youngest generations of students are earning more from their side jobs, Statistics Netherlands reports. At the same time, they are also more likely to take out student loans, and to borrow higher amounts.<\/p>\n

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In 2019, over 85 percent of students had a side job, earning them an average of 550 euros a month. It remains to be seen what effect the coronavirus pandemic will have on these figures, but it\u2019s safe to say that, until recently, it was normal for students to supplement their income by working part-time.<\/p>\n

Students are also earning more from their labours, Statistics Netherlands has found<\/a>. On average, a 19-year-old student now makes 16 percent more from their side job than they did eight years ago. This is partly down to the fact that they work longer hours, according to Statistics Netherlands, but the increase in the youth minimum wage also plays a role.<\/p>\n

700 euros a month <\/h2>