New research shows one in four students are now planning to take time out with a quarter of a million planning one or are doing so due to their inability to secure a university place.
If you are going travelling or are about to start University be sure to compare gadget insurance to protect your belongings from theft or damage.
Santander Credit Cards figures reveals the number of people taking time out from work and education has risen from 27, in the 197s, to four million between 2 and 21. Of these 1.2 million have hit the road since the start of the recession in 28.
Students taking lifestyle breaks maintain the tradition of being the main candidates for doing so with one in four students aged 18 and over planning on or currently taking a break.
"With lifestyle breaks costing around £5, - £6, on average, it's important that people weigh up the costs and the benefits, financially and otherwise," commented Santander Cards director Ian Coles.
"Taking a break from work or education is becoming an increasingly appealing option for many Britons, as the job market becomes increasingly competitive and the demand for university places continues to soar.
"It's a great opportunity to travel and to learn but unfortunately it doesn't come cheap."
Men believe a break abroad will cost them £6,8 while women estimate half of this expecting to spend around £3,8. For 47 percent a chance to travel the world was the main reason for going; for 2 percent to rest and for 28 percent the opportunity to work abroad. A further 13 percent of respondents plan to use the time out for education and training.
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Ofcom research recently revealed watching TV, using mobile phones and other communication devices now accounts for 45% of the Nation's conscious time. Since 24 consumers are sending four times as many texts per day and spending almost a quarter of their time on the internet on social networking sites and watching almost four hours of TV.
The study also showed consumers use different types of media simultaneously - particularly the under 25s. With technology playing such an important part in most people's lives, gap-year students are advised to have an appropriate level of gadget insurance in place before they go travelling.
The moneymaxim gadget insurance comparison service lets you compare the following insurance products: Mobile Phones (including a specialist service for iPhone and Blackberry policies), Laptops, iPads, MP3s, iPods, Sat-Navs, DVD Players, Home Cinema Systems, Projectors, Flat Screen TVs, e-Readers, head-phones and more.