Bildung ist teuer, lohnt sich aber auch – für den Einzelnen ebenso wie für den Staat.
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Thanks to Bologna and Erasmus: The number of German students abroad has more than tripled since the 1990s, reports the German Federal Statistical Office today. Studying abroad improves job opportunities and strengthens the interest in Europe. The Brexit, however, partly questions this exchange.
This survey, produced for Deutsche Real Estate Funds in cooperation with ImmobilienScout24, compares and analyses price developments in 15 metropolitan and student cities in Germany.
The number of students has rapidly risen throughout the past years – as have prices for student housing. In order to systematically measure the price developments, the Cologne Institute for Economic Research and Deutsche Real Estate Funds have developed a conclusive Rent Index for Student Accommodation.
Study for the German Academic Exchange Service
For students, in the past five years the cost of accommodation has increased throughout Germany. This is reflected in the new student accommodation price index of the Cologne Institute for Economic Research (Institut der Deutschen Wirtschaft Köln – IW) and Deutsche Real Estate Funds (DREF) in cooperation with ImmobilienScout24. In Munich, Frankfurt and Hamburg, students pay the most for an apartment – and state-funded student residences are particularly scarce in Frankfurt and Hamburg.
Senior Researcher for Education
Tel+49 221 4981-721
MailKonegen-Grenier@iwkoeln.de
Head of the Research Unit Education, Migration and Innovation
Tel+49 221 4981-701
Mailpluennecke@iwkoeln.de
@A_Pluennecke
