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Credit crunch hits architecture students

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The credit crunch is having an unexpected impact on Part 3 architecture students, the AJ can reveal.

With a growing number of students facing redundancy before they can finish their qualifications, some students are also finding projects earmarked for their case studies are being put on hold.

As a result they have been forced to defer their exams and find other proposals to study.

It is understood the problem has already affected about 10 per cent of the 200 students in the RIBA North West region.

Pam Cole, chair of the Association of Professional Studies Advisors in Architecture, said: ‘In the current economic climate it is inevitable that staff at all levels are vulnerable to projects being called off, but already Part 3 students are having to drop out of courses due to case-study projects not continuing.’

She added: ‘A few students working for practices with large housing portfolios have already been hit with redundancy.’

The AJ has also learned the deferral rate for this September’s Part 3 exam at the Manchester School of Architecture is high.

School head David Dernie said: ‘The credit crunch seems to be having an effect on students getting work – there are more people left looking for work [and] some students have found work only to be laid off.’

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