Have students actually got anything to complain about?
- Thread starter Van Hellseek
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Thats right and when they finished whining about that iv got some rubbish needs clearing here, that will keep them gainfully occupied save them rioting when bored.
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This change doubles student debt - it changes the loan from something you can pay off, to something you can't pay off. Unless you're very lucky.
It means you need to think more carefully about whether you're going to university or not. Will your course land you in a good career, or will you end up answering phones? Essentially, University is an investment in your skillset - paid off by future earnings.
This change means some courses (which don't lead to good careers) aren't worthwhile. Not that they ever were...
I'd be angry if the government doubled my debt - but I think it's necessary for the future of the country. One alternative to going to University is to start your own business - creating jobs - raising more tax to help with the national debt and reducing government spending on job scroungers allowance.
It's also true that students fail at managing their money. I have so many friends with maxed credit cards and personal loans - who are out on the lash several times a week. So if the government is going to manage someone's money for them, it may as well be those who can't manage the money properly themselves. Same reason EMA is being scrapped.
It means you need to think more carefully about whether you're going to university or not. Will your course land you in a good career, or will you end up answering phones? Essentially, University is an investment in your skillset - paid off by future earnings.
This change means some courses (which don't lead to good careers) aren't worthwhile. Not that they ever were...
I'd be angry if the government doubled my debt - but I think it's necessary for the future of the country. One alternative to going to University is to start your own business - creating jobs - raising more tax to help with the national debt and reducing government spending on job scroungers allowance.
It's also true that students fail at managing their money. I have so many friends with maxed credit cards and personal loans - who are out on the lash several times a week. So if the government is going to manage someone's money for them, it may as well be those who can't manage the money properly themselves. Same reason EMA is being scrapped.
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Soldato
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Well I'm sure most of those morons protesting wont need to worry about having to ever pay it back
My main problem with the new fees is universities are still ending up with less funding overall. University funding is being cut 80%, even with triple fees they are going to have less money to spend on running costs and new equipment. Why didn't they cut 10-20% of funding to primary or secondary education, surely they could take a small hit?
I think the new repayment rules are fairer than before, £21k payback barrier increasing with inflation is way better than £15k not matched at inflation.
I may be slightly biased but I think all science subjects should remain heavily subsided and should have more funding per student overall compared to other subjects. Setting up and running a chemistry or physics lab is just as crucial as books for humanities students but way more costly.
I think the new repayment rules are fairer than before, £21k payback barrier increasing with inflation is way better than £15k not matched at inflation.
I may be slightly biased but I think all science subjects should remain heavily subsided and should have more funding per student overall compared to other subjects. Setting up and running a chemistry or physics lab is just as crucial as books for humanities students but way more costly.
Your debt still grows even if you don't pay it off
Yes but surely if you never have to pay it , its rather irrelevant how much its grown.
I, same as the OP have not been following this issue much but correct me if I am wong... The tuition fee's have increased because the tax payers are not paying for their education anymore? Meaning that the students have to pay it all themselves?
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A couple of points from an ex-student:
- The whole 'it's an interest free loan' thing is a scam. They claim to set the interest rates in line with inflation so that you don't pay back more than what you borrowed in 'real terms'. Rubbish. They set the price yearly, so for a couple of years (until this year) the interest rates were not exactly low.
- The tax man holds on to this money and only pays the SLC yearly, so that you accrue interest as if you had made no repayments.
- The loan system is slightly broken in terms of lending rules. That's why you see better off people still being able to take out loans, resulting in the 'I have 3k to spend on a PC' threads.
- When I went to uni, the loan was simply money used to buy whatever you needed. Therefore I have a 10k debt that paid for books and accommodation, though this was not enough to cover these expenses. I was very lucky that my parents paid for the fees. These new rules mean the loan covers the fees and even at a less sensational average of 7k charged a year, means a bachelor's degree will clock up 21k of debt before even looking at money for books, accommodation etc.
- To be honest I don't notice the missing money from my pay cheque, but I reckon I would if I accrued the debt today under the new rules.
Are you suggesting that students are happy accrue debt in order to have the latest gadgets and a fantastic social life but when it comes to funding their future they are not so happy?
That would be very hypocritical.
Soldato
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Im all for the protesting now tbh, at first I was bandwagon-ing with the anti-protest types, but after realising that people my age were actually trying to get their voice heard, rather than lying down and being ****ed like everyone else does in this country.
When i was young i wanted a Ferrari, i compromised and got a Ford.
I wanted to **** a different girl every night of the week, i compromised sometimes i went home and had a ****.
I could have done with a breakfast at The Cavendish and dinner at Mr Kongs in Mayfair, i compromised and had a lot of McDonalds.
It would have been handy to live in the house i live in now, but i compromised and lived in a council flat in Bermondsey.
Then i got off my arse and went to work, what the **** is hard to understand about the concept of cant have everything you want in life unless you pay for it?
No one owes anyone anything, this subject boils my blood.
I wanted to **** a different girl every night of the week, i compromised sometimes i went home and had a ****.
I could have done with a breakfast at The Cavendish and dinner at Mr Kongs in Mayfair, i compromised and had a lot of McDonalds.
It would have been handy to live in the house i live in now, but i compromised and lived in a council flat in Bermondsey.
Then i got off my arse and went to work, what the **** is hard to understand about the concept of cant have everything you want in life unless you pay for it?
No one owes anyone anything, this subject boils my blood.
I'm the opposite.I do notice the money missing from my pay cheque and would rather pay a lower monthly repayment but over a longer period, which the increase in repayment threshold would achieve.
how can he possibly answer that?
ITT:
1) butthurt "real worlders" who in part regret never taking that leap and although believe they were schooled at the university of life actually hold onto some of that resentment and come out with some fantastical nonsense which they perceive about the majority of students and student life.
2) butthurt students who believe they have been seriously hard done by and won't possibly be able manage further education given the "unfair" funding. When infact the only unfair thing about it is that the Scots and Welsh aren't paying too - that's the real issue here. So now instead of going to university to do arse-end degrees like a BA in Popular Culture they will have to weigh up whether the accrued debt and VERY HARD work required for at least 3 years is actually worth it; which means the degrees taken will hopefully become more centred around positions that actually make good money.
3) those who have done the student thing, now work and are objective about the situation.
B@
LOL, are you related to nikolli is another thread.
You are working ? so you do understand the concept of credit cards and debts ?
students are also entitled to loans/grants/ema and also WORK.
So what baffles you ?
because not everyone has the financial means to fulfil their own potential and it's for the benefit of the nation as a whole to have the most capable, well trained people in the most difficult and technical positions.
it's not the toss up between needing a car and ****ing around in a ferrari or even worse; needing a meal and eating in McDonalds!
B@
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