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Student protest today - spec me a sign
- Thread starter Nitefly
- Start date
Tell me, have you actually read the proposals, you seem to be making up bad things about them to criticise them...
The liability for the student loan is capped to 30 years, if you haven't paid it off then, it is written off. Alternatively, if you pay it before then, you stop paying.
Your alternative if for everyone to carry on paying irrespective of the costs actually incurred for the service used.
So John and Peter go to University, John studies a mickey mouse degree and end up working in a call centre. Peter studies medicine and becomes a doctor.
Peter pays more under your plan, why is that fair?
Different income tax bands aren't fair though...
It is entirely unfair to take a larger % of income by force just because someone's income is higher.
Typical socialist, always wanting to spend more of someone else's money...
I think graduate tax is even worse as well.
Just because we don;t lose sleep over it, doesn't mean it;s not a large sum and that you don't notice it. You do and it makes a massive difference to your spare money after essential bills. Just sick and tiered of people saying you don;t notice it and making it sound all good, when it's not and potential students should not be mislead on what they will be paying back for years or decades.
Personally I would like to see free uni placements for needed subjects and those who are academical bright. Those who aren't or do a degree that the country does not need get a loan similar to that proposed to pay full costs. Then a much bigger push for apprenticeships and vocational training at schools. University is pushed far far to much and a lot of the time it is just not needed.
At £61k a year you'd be paying a lot less than £300 a month under the NUS' proposed graduate tax. The NUS proposed graduate income tax rates starting at 0.3% rising to 2.5% for the very highest earners, and only for 20 years.
Well anything coming off your payslip is noticeble, the £11 that comes off for the union for me is noticeble, just not so much.
But to be having to pay back £300, you're still coming out every month with £3k net, (minus any pension deductions), so if the £300 is having a detrimental effect on your finances, you are living outside of your means.
That's Bryan Simpson and his band of idiots. It's infuriating that many reasonable students (and graduates) are tarred with the same brush.
As someone said on the Barony's Facebook: ""They lost any shred of credibility when they decided "*** the polis" was a legitimate political standpoint. If Bryan Simpson's Socialists think they represent the Strathclyde student population then they're utterly deluded.""
Fair enough, I didn't know that. You're just as guilty of the same crime though - the NUS proposed graduate tax was for it to only be paid for 20 years.
Which is, by far, a highly unrealistic and punishing spread of load onto the higher earners... Still, given the NUS elite's links to the Labour party, it's hardly surprising they adopt a 'punish the successful' attitude...
You are really advocating that a high earner should pay a % rate nearly 8.5x higher than a low earner.
A fair graduate tax puts the % burden equally with a high pre-tax threshold.
That's irrelevant to my criticism though, my criticism is that the total amount payable is uncapped, thereby meaning some will pay many times more than their actual service cost, which can never, by any stretch of the imagination, be considered 'fair'.
And why pick on one pay bracket.
You notice, it affects your pay packet by a fairly large amount and as such new students should not be mislead on the cost.
Once you pat all your bills which can easily be £800+ another £100-150 for pension. Then £100-200 on student loan you are left with little for emergencies let alone saving for things like house deposit/weddings. All for something that is pushed on to young people and in large number of cases just not needed, alternatives not talked about nearly enough, then people being misleading and goign you don't notice the repayments.
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The day when the average teacher earns ten times less than the average CEO I'll agree that would be fair.
The system is accessible to all as it is. We are not asking anyone to pay anything until they earn enough from the benefit of that education to repay part of the cost of the optional education that you choose to do.
Again a silly argument because that can be applied to any system and any circumstance you care to invent. It is highly unlikely that any change in the future would be retrospective, going on predictions of past performance of course.
Yet this is not what you are doing is it. We are giving people the funds to invest in their own future, and when that future comes to fruition we are asking them to repay a portion of that investment. A perfectly fair and amicable thing to expect of people with a modicum of personal responsibility.
The average salary in the UK is £28k - people who earn far below the minimum wage are going to sacrifice a significant part of their salary paying back these loans and this is fair?
The average Salary in the UK is actually somewhat closer to £24,500. People on minimum wage won't pay back anything, and you need to question the value of any degree that doesn't enable you to earn significantly above the minimum wage to begin with.
They will pay 9% on their earning above the £21k threshold, this is not onerous and can be easily budgeted by anyone with a modicum of common sense. The interest rate is tapered so at £21k you pay no interest and at £41k you pay 3%, any remaining debt after 30 years is wiped out.
Maintenance grants will rise for students from poor families (under £25k household income) and Universities charging above £6000 will be required to offer more bursaries, grants and scholarships to less well off students.
Figures show that the lowest earning 25% graduates will be pay significantly less than they currently do, and the highest 60% will pay more.
It will be the same as it is currently I expect. Student loans are not treated as liabilities in the same way as high street loans and mortgages, but the same as tax, as a percentage of you gross earnings.
In any case, this doesn't matter as it is up to the individual to budget and decide upon their preferred lifestyle, it is not up to the Taxpayer to subsidise it.
Actually it is not really that different from a graduate tax, the main difference being that you have a finite amount to pay at a set percentage over a set period and if that period is exhausted before you have repaid the debt then it is wiped off.
Average Headmaster pay (equivalent of a CEO) is around £64,000.
The average pay of a CEO of a private firm financial responsibility is around £76,000.
The CEO will arguable have significantly greater responsibility and a significantly longer working week and less perks than the Headmaster.
The relevant pay-scales are quite comparative.
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Break the state dictated education system and it will have a much better chance of happening.
I wish students would get a grip on reality...
The world owes them nothing, You dont get anything for free and if you want something you have to work for it. These are the cold hard facts of life, they haven't changed since the the begining of civilisation and wont change anytime soon.
All these "protests" are doing is strengtheing a massive generalisation about students i.e. work shy etc...
I cannot comment on over companies but mine has been reducing the number of graduates taken every year since the start of the millenium because students come out with next to **** all knowledge on their supposed subjects. We now have the situation of apprentices being sent to university due them outclassing the socalled smarter graduates.
The world owes them nothing, You dont get anything for free and if you want something you have to work for it. These are the cold hard facts of life, they haven't changed since the the begining of civilisation and wont change anytime soon.
All these "protests" are doing is strengtheing a massive generalisation about students i.e. work shy etc...
I cannot comment on over companies but mine has been reducing the number of graduates taken every year since the start of the millenium because students come out with next to **** all knowledge on their supposed subjects. We now have the situation of apprentices being sent to university due them outclassing the socalled smarter graduates.
