Tuition fee increase

[OpenToSuggestions]

I started my undergraduate degree the first year of the £3000 per year tuition fees came in (2006). The repayment is 9% over £15,000.
The 2012 onwards fees of £9000 you only pay back 9% over £21,000.

Firstly, what a stupid move by the government - Massive debts and less people will pay back any money and those who do pay it back will pay back far less before it is written off. This is going to result in a catastrophic hole in funds in the future.

It won't stop people from studying crap and even those on good courses are unlikely to pay it back due to the 30 year loan write-off.

Why on earth are people complaining about these new fees when you pay far less back?! University students will be far better off.

 

[OpenToSuggestions]

snip.

I got a C in maths and a D in physics at Alevel.
I am now doing a PhD in engineering. Don't let your maths or physics put you off. They are important, but engineering is not hardcore maths.
My only advice is that it is better to do a foundation year if you need to before the degree. You will get into somewhere crap with very poor grades but the extra year to get in somewhere good is worth it.

 

[OpenToSuggestions]

Its not so good if you end up earning a lot, its better if you don't earn that much...

Even if you started on mid 20s and moved up to mid 50s when you were 40, you still wouldn't pay it back.
Basically unless you are some a similar wage to a Medical Doctor, you won't pay the whole lot back.

It completely defies the point of the fee increase.

 

[OpenToSuggestions]

The fact that the new deal is actually better for graduates than the current one seems to escape so many, I have to wonder if they are intelligent enough for uni at all...

Beings as someone I know who really isn't the sharpest did a degree in Sociology at Staffordshire without even having Alevels, it proves any old 'tard can get some form of degree. Whether it is worth anything though is a whole different matter.

 

[OpenToSuggestions]

Yes, poorer people will pay less back, rich people will pay MORE back, 9% of 21k is more than 9% of 15k, I went to uni and didn't break 15k in loans, more people will have loans of more than 21k now.

You massively missed the point.
The numbers I quoted are salaries before payback occurs, not the loan size.

Paying back 9% over 21k is much less than 9% over 15k.

 

[OpenToSuggestions]

snip

It was in-your-face obvious that I was on about salaries. I wish I could sell common sense and make myself a few quid .

It should be mandatory for all students to pay back their University fees. It is a loan. You should not be able to rack up a debt with the intention of spending all of it and paying back none of it. If everyone paid back their loans then there would be much more money in the University system.

This 'hurts the poor' crap needs to stop. If you come from a bad background you are showered in several thousand pounds of free money every single year that you are at University.

My gripe is you go to University to then work on a checkout at Tesco then you have really missed the point, wasted your time and wasted thousands upon thousands of tax payer's money.
It should be 10% of anything over £10k salary in goes back in loans, to force people to think twice before they go and study 'event management' at Sheffield Hallam.