If the headlines are to be believed, no one should want to be a student in England any more. And yet this September and October, a record number of school leavers will begin their journey at university, unwilling to let rising costs, a regressive loan system and dimming graduate job prospects blot out the promise of the best years of their lives. The burden now placed on today’s students has grown so heavy, though, that it is reshaping people’s experience of higher education: new data from the university admissions service Ucas shows a marked rise in the number of students planning to live at home with their parents, rather than moving away to study.

It’s first worth stressing that this new arrangement is not, for the most part, a voluntary one. That’s clear in the gap between those “choosing” to stay at home and those who have no choice at all: among students from England’s poorest neighbourhoods, more than half now expect to live at home while studying, compared with just under a fifth from the least-deprived areas.

The student rental market is the main culprit – it is now forcing many teenagers to fork out more than £10,000 a year just for basic accommodation, even in cities outside London. Since the liberalisation of housing regulations in the 1980s........

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