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Education

Portrait of a Czech student

Approximately 23% of students have less than three thousand crowns a month at their disposal. Another two-fifths can spend between three and seven thousand crowns per month. Most often, they spend their 'free' money on entertainment, i.e., concerts, movies, or parties. Next on the spending list are hobbies, clothing, and travel.

The largest group of students, according to the survey results, lives at home with their parents (29%). A quarter of students rent an apartment with roommates. About a fifth of respondents live with roommates in a dormitory. Only 7% of respondents live alone – in a rented apartment or dormitory.

For half of Czech students, the main source of income is the family. Two-thirds of university students have part-time jobs. A quarter of respondents spend 10-20 hours a week at work, a fifth – less than 10 hours, 13% of respondents indicated that they work part-time.

From the long-term observations of the study's authors of university students, it becomes evident that in recent years the number of students with confirmed practical experience has been growing. 'Thus, young people break out of the vicious circle called 'nobody will hire me because I have no experience, and I can only get experience at work.' More and more employers have begun to focus on students in their recruitment campaigns and strive to offer them a whole range of programs, internships, and part-time jobs,' notes the editor-in-chief of Studenta magazine, Markéta Paračková.

Almost 84% of university students save money regularly or occasionally. More than 44% of respondents said they create a financial reserve without a specific reason. About 15% save money for travel, and about 12% – for a major purchase in the future, such as an apartment or a car.

As Radio Prague notes, more than 2,000 respondents from across the Czech Republic took part in the survey, which took place at the end of 2015.