Leipzig Students Spend a Third of BAföG on Rent
Students in Leipzig are spending a significant portion of their financial aid on rent, with an average of €300 for a 40 square meter apartment. This amounts to nearly a third of the maximum BAföG they can receive. Rising rents in German cities are putting a strain on students' budgets.
The situation in Leipzig is not unique. Students across Germany are feeling the pinch of increasing rents. In Munich, half of the maximum BAföG goes towards rent, highlighting the financial burden on students in major cities.
However, studying in Saxony, where Leipzig is located, is still considered worthwhile despite the high rents. This is due to relatively low prices overall in the region. Chemnitz, another city in Saxony, offers the most affordable living for students. Here, an average 40 square meter apartment costs around €220. Chemnitz University of Technology, established in 1836, provides students with a quality education at a relatively low cost of living.
While rents in German cities continue to rise, impacting students' budgets, Saxony offers a balanced option. With affordable living in Chemnitz and a worthwhile education in Leipzig, students can find a good balance between cost and quality.
