Soldato
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Graduate graduating on an average graduate salary will pay back £12 a month.
Tuition fees going up to £9000 a year
- Thread starter scorza
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Graduate graduating on an average graduate salary will pay back £12 a month.
Soldato
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The country has too many people going to university and it's too expensive.
The country has too many pensioners and it's too expensive, especially in the far too generous public sector.
The pensioners get a raise and wage inflation linked payments. The students get told to borrow so the government can use the money to pay off its debts.
This wouldn't be anything to do with the fact the vast majority of people going to university in 2012 can't currently vote would it???
I agree something need to be done to improve funding for universities, but introducing a blanket tuition fee of £9k seems like a very unsophisticated way of getting the result the country needs i.e. young people with the right qualification.
It also smacks of conveniently dumping a disproportionate quantity of countries problems on a group of young people who are in no way responsible for the current economic difficulties when the older generation (60+) have been asked to contribute very little (or nothing) that hasn’t been asked of everyone else (youngsters included).
I've been to uni, I have a degree, I have a well paid job. However I find the idea of asking an 18 year old to commit to loans of £30k to fund something that should benefit the country as well as themselves quite depressing and shortsighted.
The country has too many pensioners and it's too expensive, especially in the far too generous public sector.
The pensioners get a raise and wage inflation linked payments. The students get told to borrow so the government can use the money to pay off its debts.
This wouldn't be anything to do with the fact the vast majority of people going to university in 2012 can't currently vote would it???
I agree something need to be done to improve funding for universities, but introducing a blanket tuition fee of £9k seems like a very unsophisticated way of getting the result the country needs i.e. young people with the right qualification.
It also smacks of conveniently dumping a disproportionate quantity of countries problems on a group of young people who are in no way responsible for the current economic difficulties when the older generation (60+) have been asked to contribute very little (or nothing) that hasn’t been asked of everyone else (youngsters included).
I've been to uni, I have a degree, I have a well paid job. However I find the idea of asking an 18 year old to commit to loans of £30k to fund something that should benefit the country as well as themselves quite depressing and shortsighted.
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Oh look an overreaction to the tuition fee question. How unusual
How can University be too expensive when you don't have to pay anything to attend, and if you graduate into an average grad salary of £25k, only have to pay back £negligble each month (you don't know the money is missing anyway, because it gets taken away via PAYE automatically..)
Dont pay anything to attend?
What planet you on??
Train fair, Liveing costs, study costs, IT stuff.
So far i have spent 1.9k and its only the second month!
A student spends around 5-8k a year to be at uni, this includes the student loan....
Soldato
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These costs have not changed
So this brings the univserity fees par with north america. Not a bad thing IMO.
It would be interesting to know how many of us would have really gone to uni if we were born 10-15 years before? I certainly wouldn't have. Not everyone has a right or need to go to uni. If I had my time again I wouldn't have bothered with it.
It would be interesting to know how many of us would have really gone to uni if we were born 10-15 years before? I certainly wouldn't have. Not everyone has a right or need to go to uni. If I had my time again I wouldn't have bothered with it.
Not true. The better educated our country's workforce becomes, the better for the future of the country as more companies will move here to take advantage of our human capital - it is self -reinforcing.
As for too expensive? The cost was what, around £5bn at a push? That is nothing compared to the benefits of having affordable higher education for all. At the very least key degrees for future economic growth should be free (maths, science, medicine, economics etc).
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here is a run down of costs: (what i get)
Tuition Fee: £3290 pY
Maint Loan : £3290 pY
Maint Grant : £2900 pY (non repay)
Travel : £1800 pY
Living : £4700 pY (food, houseing etc.)
....
Thats £6580 Gov loan Debt
£2900 is non repayable.
£6500 Is outgoing for travel and liveing.
lets pay that £2900 bach to gov...
£3680 Debt
Add the outgoing
£10,180
now then... Its approx cost is around 10k to go to Uni NOW...
My uni is raiseing fee's to 7k thats an extra 4k... 14k a year.....
14k x 3 = 42k...
Gov loan on its own = £30,870. add the rest Total payment for uni will be £78,000
i may be flawd in my stupid math .. a lot OF MONEY!
My Degree is in: Artificial Intelligence & Robotics... Only 8 in my year..
Tuition Fee: £3290 pY
Maint Loan : £3290 pY
Maint Grant : £2900 pY (non repay)
Travel : £1800 pY
Living : £4700 pY (food, houseing etc.)
....
Thats £6580 Gov loan Debt
£2900 is non repayable.
£6500 Is outgoing for travel and liveing.
lets pay that £2900 bach to gov...
£3680 Debt
Add the outgoing
£10,180
now then... Its approx cost is around 10k to go to Uni NOW...
My uni is raiseing fee's to 7k thats an extra 4k... 14k a year.....
14k x 3 = 42k...
Gov loan on its own = £30,870. add the rest Total payment for uni will be £78,000
i may be flawd in my stupid math .. a lot OF MONEY!
My Degree is in: Artificial Intelligence & Robotics... Only 8 in my year..
Soldato
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What d'you mean by that? There are plenty of people at university who have the means to pay back such debts and yet shouldn't be there (or at least don't need to be).
Also remember that even with a tuition fee loan and maintenance loan, it's rarely possible to get by without either working part time (and since study is a full time commitment this seems unfair) or receiving help from outside. My maintenance loan only covers my rent, so all my other living costs have to be financed by part time work, which is extremely difficult as a final year student, given the huge workload.
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Rich people must be laughing. It's funny, this is really a slap on the middle class (not many poor people go to uni anyway), rich people are already paying fees of 25k per year for their kids to go to private schools, 9k for them is probably not very much.
I'm pretty ****ed off at the way University costs are now out of my (childrens) reach. Back in my day it wasn't the norm for everyone to go to Uni but nowadays it is definitely expected. However, I'm fast coming to the conclusion that taking out an equivalent loan and setting them up in business with that money would be the far better option. Sadly I can no longer see my children going to Uni (in this country).
Soldato
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Why are they out of your children's reach?
Oh look an overreaction to the tuition fee question. How unusual
How can University be too expensive when you don't have to pay anything to attend, and if you graduate into an average grad salary of £25k, only have to pay back £negligble each month (you don't know the money is missing anyway, because it gets taken away via PAYE automatically..)
Personally I think there should be a variable pricing scheme on a per course basis. Make the courses in need of specialists cheap e.g maths & sciences and the MacDonalds degrees like media studies significantly more expensive. I would have no objection to media studies/art/etc costing 9k and engineering costing 2k.
Soldato
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I agree completely. The text you quoted was merely me reiterating what we’re being told by the government.
I do however think it's important the government gets value from the money it spends on university education. With some degrees I don't think they do. This is why I go on to say a blanket £9k tuition fee is a bad idea. It should be much more targeted depending on the benefit the degree provides for society and the ability of the student to pay both before and after graduating. However I think the vast majority of degrees should be funded by the state.
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So? The point is that you do have to pay to go. The student loan (or at least mine) didn't come close to paying for everything I needed.
The actual costs are variable based on course, but even a few years ago they were all more expensive than £9k. I seem to remember digging some figures out 7 years ago for the cost of degrees at Cambridge. Maths came in at about £10k per year, and medicine was closer to £30k.
Perhaps the amount of government subsidy should reflect the amount the course costs in the first place?
I assume you mean living costs? In which case, living costs are living costs, whether you're at university or not. It's possible to live very cheaply at university, and it's also possible to work in the holidays to fund living costs.
Where did you get these from? My brother did Maths at Cambridge about 7 years ago and paid the same (pretty much) as I did for my degree at Sheffield Hallam.
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Slippery slope
This requires and arbitrary evaluation of the relative merits of particular courses of study. This is an incredibly difficult area and it is frankly pretty offensive to suggest that a degree in Engineering is somehow inherently more "useful" that media studies. This evaluation is entirely subjective and a poor basis for allocating cost. Where there is an actual shortage then I could understand subsidising certain qualifications, but the starting point should be the same to avoid discouraging people from enrolling in degrees that they feel will benefit them.
This requires and arbitrary evaluation of the relative merits of particular courses of study. This is an incredibly difficult area and it is frankly pretty offensive to suggest that a degree in Engineering is somehow inherently more "useful" that media studies. This evaluation is entirely subjective and a poor basis for allocating cost. Where there is an actual shortage then I could understand subsidising certain qualifications, but the starting point should be the same to avoid discouraging people from enrolling in degrees that they feel will benefit them.
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I don't understand why I have to get full loans and you don't? Makes no sense. Put everyone on the same playing field!