I graduated 10 odd years ago now, our course was print outs, lecturers who didn't know how to teach and a course leader who spent the first 2 of the 3 years on maternity leave. We were told point blank that the money we were paying was going to cover the cost of the fancier courses and building expansion. Total joke and total rip off. To find out they're going up again is absolutely outrageous.
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
Why would you expect lecturers to "know how to teach"? It isn't school. In better universities, lecturers are there for research and teach almost as a sideline.
@@jungleboy1 You pay 9k a year? I doubt it, most people pay back a fraction of their student debt over a lifetime and anything that isn't paid back is written off eventually anyway
"Student Debt" needs a rebrand. It's a tax which only kicks in when you're actually using your degree (ie earning enough to be past the threshold). That's what's broken - if you study a degree that hasn't opened up a career path, you own none of the risk, UK taxpayers do, so why not go to uni - it's effectively free. By that logic either make everyone's free and stop punishing high achievers, or ensure everyone pays fairly to stop subsidising useless degrees. I'm more in favour of the former FWIW but just want to see it working out more fairly.
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
Someone well off enough to have their parents pay the fees outright won't have to pay anything back, so at the moment it is not a tax. I would advocate for removing fees and introducing a graduate tax instead.
This is such a narrow view on the function of education and what is useful/useless... Something is only useful if there is a market value for it. *facepalm*
They are literally raising maintenance loans (the money you get to live on). Tuition fees have no effect on your living costs nor does it have any effect on how much money you have in the bank. You only pay them back if you earn enough after you graduate. The repayment scheme is not changing so most students will end up paying exactly the same amount back to the government as they would anyway. fwiw I think it should be free and hope it is one day. But given the amount of other things that are chronically underfunded at the moment, abolishing tuition fees doesn't even come close to being a priority and anyone who says they are is out of touch.
Given that inflation is a way for the state to increase the wealth divide when the bankers destroy the economy, people should know exactly why it's a scam.
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
Nah literally, getting a degree should be free in the first place but no - can't have shit in this absolute fucking shambles of a country - instead they're sending us all into even more debt. Fucking fantastic!
Bossman, even as a student I can appreciate this is something that needed to he done. Free university is a waste of taxpayers money. The system we had pre 2023/24 was perfectly fine. You were never gonna pay off the loan anyways. Its not fair to make the masses pay for people to chase e economically useless degrees and there's no reliable/ fair way of determining which degrees are actually useful. The only thing I think is unfair is the new 40 year repayment.
They just want to shackle us with higher taxes disguised as debt. It is because they are incompetent at managing the countries finances that they are looking to us to shoulder the burden.
Just scrap the interest ffs. I don't care if they raise it to £12.5K a year - do it - but make it INTEREST FREE and make the repayment period whole life. That's 100% fair in my opinion.
We need to make more of an effort to dispel these myths and misconceptions around tuition fees - clearly this discourse can be quite damaging in terms of a young person's perception of whether or not they can afford to go to university. It's genuinely making young people from poorer backgrounds think that it's not a viable route for them, when the current system is specifically designed to enable them. This planned rise won't make any difference to the amount the vast majority of people have to pay back (due to the cut-off limit). The ones it will affect will be the higher earners who pay off the loan quicker, i.e. the ones with the broadest shoulders. There is a debate to be had about whether tuition fees should be a thing at all, but to my mind, a graduate tax that is only paid by those who can afford it isn't a bad way of generating money that our public services desperately need. Maintenance loans are a different conversation however and need to be increased in line with inflation. This mostly affects those from mid-level household incomes, as the poorest receive grants, and the richest can afford to supplement the extra. It's the people who only get the maintenance loan (not a grant) which goes entirely on rent and can't rely on the back of mum and dad. This needs to be addressed.
Maintenance grants were abolished in 2016. Its just a flat maintenance loan now but yes the same parental means testing logic applies. Its stupid that the state assumes that some parents should contribute to the cost but thats the system we have.
I'm a uni student who agrees with the tuition fee hike... because I know how student loans work You pay 9% of your income until you pay it off or the loan wipes, that isn't changing. The total £ figure going up only affects those who can pay off their loan, so you're basically taxing those who will be wealthy in the future. If it was up to me, I'd get rid of tuition fees and just put a permanent 9% graduate tax on everyone.
You only get 4 years worth of student loan though. So if you fail or drop out in 2nd year, happens to a lot of people who are young and make bad decisions, you can't try for another degree unless you pay a year's worth of student loan, which is now even more unaffordable. For that reason I'm against the hike in tuition fees, but I agree there really should be a graduate tax instead.
Its sad to hear the lecturer slander when many of them are poorly paid/fractional staff who work really fucking hard to deliver an education against adverse circumstances without enough time to do it.
Yeah, it's interesting how these presumably mainly left wing people suddenly turn into cut throat capitalists when it comes to something they've got to pay for. "What more am I getting for the extra money?" So you don't think university staff deserve to have their pay go up with inflation like everyone else? The reality is that students haven't seen an increase in the cost of their education in 12 years since the (admittedly massive) increase from £3000 to £9000. If tuition fees had risen with inflation since 2012, they would currently be paying £12,500. As it is, universities are making a loss on domestic students. It's only by charging insane prices to international students that they don't go bankrupt. And then everyone has the gall to moan about that too. The real issue is the government refusing to properly fund higher education, or make difficult decisions about what they're willing to fund, not universities charging fees that are less than the cost of the education they provide.
@@JackHGUK some do - and often this is because their time is taken up with research and admin, or because they are on an hourly paid teaching contract that only pays for 1 hour of prep time. But yes, of course there are also those who put less effort into teaching than research. But these are in the minority.
My advice for people in year 11 and 12 currently: pick 4 A-Levels, focus all your effort on getting the best grades you possibly can in your exams, then apply for Irish universities on CAO. No tuition fees, no personal statement needed. Best decision I ever made.
Not everyone has the capability to do 4 a levels, it’s better to have 3 at higher grades than 4 which may be at lower grades due to the much higher workload
@@black1blade74 that is very true but if the A level isn’t adding a decent workload then it’s probably not very valuable anyway (with the exception of fm). Most UK unis only consider your best 3 results anyway so if the 4th does add workload and you end you dropping grades on a couple of your A levels it really is worthless unless you’re convinced about going to these Irish unis
I think maintenance loans should be significantly increased. There were brought in years ago and haven't increased and they barely cover rent. After rent I was left with 2k for the whole year. Also student housing costs a ridiculously high. Why was my landlord earning 35k a year from 6 people in my house
Its bc so many jobs require u to have just any degree, not even any specific one so u clearly dont actually need a degree to do the job if it doesnt matter which
It's a nighmare of a situation because the universities are already on a shoestring. Most of their funding comes from foreign students which then subsidises the national students (which clearly isn't enough). Where could or should the money come from to pay for the service that the universities provide? And how to we increase it to improve those services? I honestly don't think my degree was worth the money, and I'd advise a lot of young people to go for an apprenticeship if possible. That way you get paid and education, but you do miss out on the lols of university life :(
Not even a 300quid hike in a loan that likely will never be paid back in most cases essentially the cost of half a dozen nights out or a couple of concert/festival tickets
Feel sorry for todays students, I only worked in the holidays and went out as often as I wanted, didn’t pay a penny on my student loan till I was in my 30s and I paid it off last year
I think it’s actually tricking young people into thinking they need to pay back the money. You pay on what you earn most of these people will not even notice their student fees are being paid off as it’s included in the tax taken out of your salary. The increase will help students day to day living as the more you can borrow the more you can live on these kids clearly do not know how university works as a principle
@ it’s only for a year maybe they will abolish them but Lib Dem and conservatives tripled them and I entered uni just as Cameron entered as the majority but I still went to uni because £70,000 I owe means nothing when I’m paying more in petrol every month
Agreed. They don’t understand it’s NOTHING like normal debt, and the only effects on their daily life for the foreseeable are an increase in maintenance loans in line with inflation, ie more money in their pocket.
@pwners4u I think the main issue is there are 0 jobs in the country. I am regularly seeing medical graduate positions with 10,000 applicants. I imagine it's similar across many disciplines. A serious question needs answering and that is making sure the courses are good quality for money with cast iron guarantee of a work position after graduation. Otherwise no course.
And how do you feel about the reduction in the wage threshold that you have to start paying back and longer period you have to spend paying back that was implemented by the previous government a couple of years back that no one talked about at all because it was done by a Tory Government?
I got my Computer Science degree 6 years ago and it was the best decision I ever made. I make pretty good money now comfortably, working flexibly from home. There's no way I'd have the life I have now without my degree. Education is a right, and it shouldn't be charged for, but please don't let this increase in fees put you off. There has to be a mechanism to fund it, and this is just the capitalist version of making it free at the point of use. Sure its not for everyone, but if youre considering it, then its probably best to do it!
Signing poor teens up to university where they saddle themselves with a huge debt for decades is financially irresponsible of the government. Most of the degrees are worthless and very few actually reliably lead to a career in the field within a year of graduating. WIth the minimum wage hikes next year a worker doing a 40hr week will earn just over £25k a year which will mean they will immediately start to see the student loan come out of their paycheque (Plan 5 has a threshold of £25k). If they are lucky enough to eventually earn good money 9% of their gross income above the threshold will be taken from their net pay. With inflation leading to wage growth this 9% will likely become very large for some graduates and unless they earn a huge income they will be missing that 9% for 40 years of their life!
I doubt there are worthless degrees, and if they are that you or I are qualified to judge them, but I think there should be different routes for people to pursue their passion without losing out on earning. You could imagine a scheme that supports students over a longer period to work and study part time. So, if they wanted uni level education but had a tangential career in mind they could train and accumulate wealth whilst learning about something - which is extremely important. Dedicating yourself to a study of something, anything, is a really important exercise in life.
This is why I was against the introduction of tuition fees from the start. Despite all the promises to the contrary, we all knew that they were the thin end of the wedge and ever increasing fees was the direction we were traveling in. I thought I had it bad in 2008 when I graduated, what with high fees and the economic crash, but it honestly feels like a day on the beach compared to what the current generation are facing. Shameful.
Ofcourse, you don't have to look too far to find Scotland where university tuition is still free. It all comes down to priorities. Westminster is not interested in funding university education, when they can charge foreign students from China, India and Nigeria (among others) £27k a year for the same course. These student loans are almost impossible to pay off with the exorbitant interest rates attached and the repayments affecting affordability later on should anyone be in a position to get a mortgage. This £300 increase is inconsequential; the real damage was done when we went from £3k - £9k.
@@ministry2627you don’t actually know that, they could just amend taxes to the level of other countries and provide feee education to Scottish born children in return. It’s a small country with a relatively small number of people to be catered for under the policy each year.
I like how people quote Scandinavian countries and "free tuition" but never contemplate that levels of taxation are also significantly higher. I'm sorry Britain but you can't have it both ways. We either tax everyone adequately and use the taxes for general good or we have low taxes and then pay for public services out of pocket. We sat around and let the Tories underfund everything. Give tax breaks and government contracts to their mates. Then when we got frustrated we let the same charlatans take us out of the biggest economic project in the world. Now we complain that everything needs to be readjusted with higher taxes and borrowing because all our wealth was syphoned off to tax havens and to buy third and fourth properties. I know it's not these students' fault but they should be angry with their parents and grandparents.
We're taxed at the highest rate science the second world war... We have nothing to show for it. Also I noticed you don't mention 3 years of Lockdowns, is it beyond your mental capabilities to understand that it cost A FORTUNE?.
They will end up paying like 1 pound more a month in student loan fees once they start working. These students fundamentally don't understand how it works. The issue of the quality of their education is another thing, there's clearly another point here about what a degree is actually worth.
You’re so wrong, people pay hundred of pounds per month back Yes, increasing the cost doesn’t change that because the payback threshold remains the same but it means you’ll be paying it back for longer, just like the extension from 25-40 years and increase to interest rates did. The country pushed to get more people into uni then raised the fees dramatically, now they’re going to see a huge fall in the numbers who decide to go…or at least that’s what should happen if people have any sense
@@mattj905Yes, the massive expansion in student numbers, from 6% of the population to 35%, was probably a mistake. I doubt people got smarter. There is also now a clear divide between the older, mostly Russell Group, unis and the rag-tag collection of former FE colleges that now have university status. Yet students pay the same to study at the University of Chester as they do at Imperial College. That doesn't seem right.
@@davidmorgan6896totally agree. I also feel the cost of courses should be linked in some way to earning potential…it makes no sense to create debt for jobs which we know don’t pay well and are unlikely to bring benefit to the student or tax payer.
@@mattj905 I think this is all intentional, they want student numbers to go down to reduce borrowing to finance higher education, after all it is one more thing on the government balance sheet.
I truly understand how students are upset, because I would be. I was the first year that had the £9000 tuition fees (plan 2), and it sucked. But I can't say my experience suffered comparison to my peers right before me. And before I say what I'm going to say - I think university should be completely free, and only a single part of an education and skills strategy where less people go to uni and we move a focus onto a skills economy not just a well educated one. But I find it incredibly frustrating when a student says "why do we have to have inflation? ... No f**k that" - the tuition fee's going up are a product of inflationary pressure, which the government has very little proactive control over. They can only react. If the cost of everything the uni buys and makes has gone up 20% that has to be found somewhere. The students say themselves the standards of teaching feel low - the only way we get them higher is by funding more. The tuition fee rise is part of that strategy. This is a microcosm of the countries budget as a whole: uni needs money because foundations are crumbling, raise taxes (tuition) to help that, and invest (which they are through various means hinted at in the budget).
Actual idiots the lot of them 😂. Just graduated and staring PhD. They should joke that a hike in tuition fees has no effect on day to day living expenses. And there was announced an increase to the student loan which does help dsy to day living
All of my cousins and siblings went to university for the 'experience'. Now most of them haven't even secured a graduate job even though they finished more than a year ago.
I'm saying this as someone who didn't go to Uni, but would have gone around the time of the Tory price hike, and the only member of my family to never go. For most things Uni is over sold. The majority of courses at Uni should either be a polytech course and has been moved into Uni (civil engineering has moved from HND to BEng for example), or doesn't need Uni at all. I am an accountant. Accounts needs professional qualifications and not a degree. If you have poor GCSE scores you can start at AAT level 1 and if you have good GCSE scores you can skip to level 2. This finishes at level 4 where you can stop or go on do CIMA, ACA, or ACCA. If you have done your 2 years of A-levels in relevant subjects you can skip AAT completely and go into the intro branches of the chartered qualifications. This is roughly 1 year part time while working, though you could in theory do it in less. The Uni course is 3 years and at best lets you skip that one year you would need to do if you had A-levels. So you spend 3 years and about 3x the amount per year to learn what you could have learned in 1. Why would you go to Uni at all for that? There is no point. The reality is we need to take a long look at the Unis and decide that actually a lot of the courses need to go, that a lot more companies need to take on training responsibility and increase their loyalty to their employees, and then we need to scrap a lot of the courses.
Student debt is basically a tax on your earnings. Since this is the practical case in which it gets used, why don't we just introduce an education tax and get rid of the system whereby we claim that everyone is 50-70k in debt with interest and then it gets magically wiped off after so many years. If we just called it the education tax which only those who go to University have to pay, we wouldn't be so bothered by it. Obviously the institutions rely on this debt for their own gain and that is the problem. I've no doubt retrospectively the way this debt gets wiped off after so many years will be reversed and we will be saddled for life. That's the way the UK like to operate.
Because that would look a lot like a raise of income tax which they promised not to raise. Despite it being more logical it, would be unpopular, one of the downsides of democracy.
the argument that pricing increases will cause student numbers to lower, meaning that less income will be received by the universities is a good point, but i think a lot of uk student's don't understand the amount of money universities can get from international students. they don't have the same ~9.xk cap on fees like uk students do
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
The fall in international student numbers have prompted this increase, cos they’ve been paying the subsidy for British students all this while. Thank the tories for that 🙃🙃
Is anyone really going to suddenly not go to University because of an extra few hundred quid on their student debt? (note I personally think University should be free but the actual increase is relatively minor in the grand scheme of the total debts they will leave University with). Student tuition fees in England haven't followed inflation for what a decade? If they had they should be something like £15k a year and it's not like the Universities are immune to inflation. Their energy costs are higher, their staffing costs are higher (although the pay in the University sector is shite relative to other public sectors e.g. teaching and in the last 20 years staff have lost something like 25% of there relative income because wage rises haven't followed inflation) etc. The University sector has been absolutely gutted by the Tories but at some point something has to give. Either fees need to go up or several of the Uni's in England simply need to go under (Which I'm sure the same students would be very happy about right?). At least if that happened maybe the University sector could finally get a pay rise similar to teachers and maybe standards would actually improve? (as we currently have a huge brain drain problem of people realising they can make 2/3x as much in the private sector).
This is daft. I don't know why they're talking about maintenance loans not being enough to cover the rent because that's a separate issue altogether. These students don't understand how deep this country is in debt, and they'll only have to repay it once they earn above the threshold amount, then it's very little if you're a lower earner and it gets written off after 40 years. What labour are doing is essentially making student loan companies front the money to lessen the immediate financial burden on the country to get us out of the absolute state we're in now. The country is suffering and frankly this is a better solution than the winter fuel situation, which was cruel. This is not going to affect students at all while they remain a student and won't affect them at all until they earn a decent living (and then it's v manageable).
Why is this an issue? Majority of people will never pay off their student loans and it gets wiped after 30 years, it’s not like maintenance loans are being reduced, all these people complaining about how they can’t afford to live anyway, won’t see any difference in their student loan payments or maintenance loan, whole lot of complaints for nothing
do you still think it's right to keep increasing tuition fees? when do these increases stop becoming economically viable? because it sounds financially irresponsible and damaging to our future earners, if you can see even a few centimetres ahead of your nose
This isn’t really true, lots of people earn above the threshold now such that it costs them a significant amount each month. The threshold to repay doesn’t rise with inflation and if your were on a plan that times out after 25 years, quite a lot of people will pay it back with interest.
@@billhicks8 I think it is right to increase thee tuition fees, as inflations rises the real value of the £ goes down. I don't see how this is damaging to future earners? I earn 40k and I will never pay off my student loan, who cares how much my debt is as I will never pay it off. I just see student loan payments as an additional tax for going to uni
@@mattj905 So what? The threshold has nothing to do with the tuition fee. My girlfriend is on £27k and only pay like £2-3 a month. If you're earning enough money that your repayments are 'significant', then you're earning plenty of money, and shouldn't really be complaining.
It's a negligible amount of money and the students won't even notice it because their student loan will cover it. The only difference to them is that they might take an extra month or two to finish paying off the last of their student loans years later. Last time the fees went up was over 10 years ago and it was by 6 grand. Meanwhile, universities are really struggling to stay afloat due to lack of funding and not being allowed to charge more. I really hope that Labour will also be giving them more funding on top of this miniscule tuition fee rise.
The irony is, these students I expect voted for Liebour, too young to realise what Liebour did to the country last time they were in power....... they will now learn the hard way.
I’m a parent, students have not had an increase in their student finance for years yet the cost of student rent, utilities and food has gone up. Collectively, as a family, we’re having to provide financial support to my daughter to just cover accommodation . I’ve retired this year but having to go back two days to support. It’s a joke.
most uni courses are a waste of money. Don't bother going to uni unless its a really good university or a vocational degree: engineering, medicine, dentistry etc. Get an apprencticeship.
why the hell go to uni when your going to be in worst debt and not be able to find a job in uk anyway its a absolute joke this country half of the work force that are in uni go abroad cause we don't pay staff properly.
For everyone saying this is basically a tax and they agree with the rise in tuition fees, you only get 4 years worth of student loan. This means if you fail or drop out in 2nd year, happens to a lot of people who are young and make bad decisions, you can't try for another degree unless you pay a year's worth of student loan, which is now even more unaffordable. Essentually this is another example of the rich being able to afford mistakes in life, whilst the poor can't. For this reason I am against the rise in tuition fees. If its essentially a tax, they should just make it a tax, and education ahould be free for all.
People are already not getting value for their degrees. This will make them consider how useful a degree really is. And to be honest, I don’t think they are any use. Not to my kind of work, in IT.
Lot of degrees people see as silly and useless are that way because theres virtually no funding for alternative types of education so non-academic subjects have had to conform to academic standards.
I'm not saying I agree with the fact that this has happened, and I agree that there should have been other means of raising this money, however in real terms this is still less money than what the Coalition Government raised it to. Adjusting for inflation, the tuition fee hike in 2010 would be the equivalent of raising it to £13,500 today
For some career paths, you dont actually need a degree. You can take alternative routes to get there, only go to uni if it's your career requirement, e.g, nursing, medicine, law, etc. Otherwise, dont go for the "experience," not worth the 9.5k (sept 2025)
Puzzled these young adults don't grasp the concept nothing is free.Why should these courses be subsidised. Simple economics if you can't afford it don't go.
Isn’t it amazing how Labour keep systematically getting each of their traditional voter bases in turn and then giving them a right good rogering up the hoop?
@@HRD01 Not a massive deal for you perhaps. £300 on its own isn’t too bad, but it’s not £300 is it, it’s £9,300, which is a slightly bigger deal to come up with every year, especially if you’re from a working class background.
@@oweng7987 almost no one comes up with the money for tuition fees every year though, everyone takes a loan whether they are working class or middle class, only the privately educated whose parents pay it don’t have to take a loan as it is
Most of the money i think is spent on maintaining the university buildings, lighting, equipment, and tutors, but that is still a lot of money left after and they spend it on research.
Hmm..but this does not warrant raising tuition fees. Reforming the system is about the actual education aspect. My course leader is selling courses that she's currently changing but it's still being advertised and she doesn't seem to know what it is. Even my administration team are incompetent and always messing up paperwork. The lectures are outdated using old materials,no invitations for discussions during lectures. People are travelling abroad to study nowadays
This will sound harsh, but this is not enough. If they don't increase fees much higher or fund Universities differently,then a lot of Universities will be bankrupt imminently. Many Universities are right on the edge now.
@@aaronsmith9209 Agreed. But if you're going to treat it like a business, at least be consistent and allow them to raise tuition fees in line with inflation every year, otherwise what's the point? They've deliberately created a system where it's impossible for them to fund the service they're providing because politicians are too cowardly to make a decision and take responsibility.
That's a good thing though. We don't need so many universities. Also, if universities didn't keep blowing money on new buildings and student accommodation then they wouldn't be in this mess. It's their fault and now students have to pay for it...
thing is unis increase fees every year either way. but this will be a rip off, driving more young people out of the UK once they graduate as they bear a huge student debt
Real life starts once you leave school .teach the right subjects at school and just may be your find future leaders .and be passionate about what you want to become
It was hard enough to get a relevant job all those years back when I did my undergraduate (2009-12), though luckily I got there because degree inflation was not like it is today. But doing a history or English lit degree from a bog standard uni today for 10k. Erm.........
What the guy says about raising the price of freddos and people stopping buying them. The societal impact of that is people buy different chocolate. In the case of universities, if people stop going, we will have a shortage of highly educated people, or a higher percentage of highly educated people will be wealthy people. We need to avoid that.
@@Kon-Society I have a degree and the job I do really doesn't require a degree, yet they look favourably on degrees during the hiring process. This is the case in lots of places so what are we to think but that a degree will help us in life. That being said, a degree isn't all you get from studying at Uni. The most politically uneducated person I know did not go to Uni. It's anecdotal but there you go. He thinks poor people are only poor because they're stupid, and that society hasn't a problem with racism nor sexism. He's persuaded me it's important that everyone has access to university.
Welcome to the real world that people have left school and got jobs and get hammered with with tax national insurance and tax on everything even on travel img to work and back
Unless your parents are rich you weren't paying the tuition fee anyway, that's the bit you always get if you have a student loan, no matter your household income. A number of people in this video conflated the conversation with maintenance loans, which are a completely different matter. Why you stood there and let them spout about difficulties stemming from low income from the maintenance loan is beyond me, it was completely irrelevant to the conversation. It doesn't matter how high or low the TUITION fee is, you never see a penny of it if you've got a loan. Now I'm completely in favour of abolishing tuition fees altogether, why wouldn't I be? But you know who pays for that in other countries, the government, not the magic free education fairy, it's not going to happen whilst we're in the middle of a public spending crisis now is it? In our current system, it makes no difference what price the tuition fee is, almost nobody pays it themself. The vast majority of people never pay off their student loan and it gets expunged anyway, so why are they bothered? I don't think the vast majority of people in this video using teaching quality as an excuse to deny this understand, in order for universities to increase teaching quality, they need more money, that's why they've asked for it.
These are universities students, God help us, do they not undeestand economy, inflation, do they noy understand its foreign student were paying for more of theee cost. They talk about student loans do they think the money comes from thin air, hobestly stupid.
Why do we have to have inflation F that??? 😂she doesn’t need to go to university definitely nor for her, also Scandinavian countries pay up to 60 percent income tax relax my friend.
If we still only sent the actual clever to uni. Top 25/30%. It could be tuition fee "free" for same taxpayer cost as currently is. But as these contributions show, the system and mummies want not intelligent people to go to uni.
If we still only sent the "actual clever" to uni, we'd still have a 1970s economy and technology. Mass degree level education is a prerequisite for advanced economics to function. "Not-intelligent" people with degrees keep our society afloat, there's far too many roles that need a degree education than there are "actual clever" people. The idea the taxpayer shouldn't pay for education is absurd, they're the main beneficiary. Those degrees make all the tax money happen.
@TheMrZ We sent 15%ish in the 70s. Sent 30%ish 25 years ago. Sending 50% hadn't made them cleverer. Intelligence peaked with 75 birth year cohort. We just now have a tranche of confused 28 year olds who think they are clever, as school told them they were, but real world is telling them they aren't, hence they earn
I am one to admit tuition fees are expensive and the government should prioritise education in this country, but sorry about the argument to compare scandina countries to us I like comparing a lion to the average domesticated house cat. The uK economy is larger but so is the demand for public services and immigration is only a small part of the problem, waste is another and the lack of early investment is the other too. If we were to even compare ourselves to Europe it would be France, Germany can afford cheaper education costs, based on its spending and investment behaviours and also being the largest economy in Europe and nearly double that of the UK's so sorry you cannot simplify European geo-economics on bite-size info without looking at the detail politicians do this all the time to excuse there shoddy policies and I would expect better from the people as you can do a simple google search and have all this info in 5 mins
Have a look at the difference in income tax between Scandinavian countries and UK. From memory, its almost 50% on minimum wage. People love to hate on the UK's liberty. Wonder how much research/ travel has occurred...
@@FerrousManus take all the people in the 4 Scandinavian countries which totals of 28 million people with a combined GDP of 2.1 trillion USD vs UK 68 million with a GDP of 3.3 trillion GDP, and the national debt UK 100% of our economy and the combined 4 Scandinavian countries its nearly a total of 800 billion dollars USD so you not taken in to consideration the fact is that these economies invested wisely for decades in their economies, where do we get the extra money to pay for everything, I would prefer an equal taxation system but with our current economics it is not a one size fits all approach we need to clear our national debt or reduce by half to even consider being like Norway or Sweden and goes back to one of my points is the reckless choices politicians have done to this country. FYI I ve been to these places and the culture is also different People's attitudes is also another thing, in Germany people rent more then own property, Germany thinking is not to borrow more than you have, this applies in countries like Japan as well, but Britain like France is borrowing more to feed the social welfare which in travels from Latin America to the USA to japan and Europe the UK is more state-funded then even the 4 Scandinavian countries we always reference, we throw money at every problem without actually addressing the bigger problems I personally would like to spend more on education but I would like to remove money from things that don't benefit the UK like the 17 billion to foreign aid or the benefits that migrants get while their applications are being processed, or the money that very rich pensioners get or the money goes to people that live off the state benefit system. These alone are the examples of waste we currently have and while Scandinavian countries can afford to spend this we cannot and we are just paying more for waste. o if you really wanna go there then tell me how our politicians could fix the UK without napkin ideas or waffle because we are good at moaning.about elected officials but we don't have pragmatic answers and blaming immigrants isn't something I would entertain as politicians had the money and blew like it was there night on the town
@@FerrousManus and jus this snipet took 3 mins to look up and total up and compare the social differences and attitudes and it is attitudes of the people that make things work in Scandinavia compared to the UK
Most of these people were talking about cost of living. The fees don't kick in until later. I'm paying mine now and am grateful I could get a loan to study a masters, it rescued me from a life experience trapped working in retail.
It's about £200-odd quid extra a year. And the number of people conflating the Tuition Fee with the Maintenance Loan is bleak. You don't receive the Tuition fee, your university/college does. The Maintenance Loan WILL be increasing.
"if you don't have the money you can't afford it" but that's just not understanding at all how the student loan system works. Eveyrone can afford tuition fees. Will some people pay back more, absolutely. But tuition fees themselves are not pricing people out of university.
@@skyblazeeterno it's a misconception though. That's the point. Tuition fees could be £100m every year per student and it wouldn't impact a single students weekly budget while they are at university.
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
In 2023, Scottish Students graduated with an average debt of £15,400 compared to English Students graduated with an average debt of £45,000. Nearly three times higher or nearly £30,000. Its the 16th year of free university tuition to Scottish Students.
The guy in the north face coat complains about not having money while wearing a coat that's ~£215... The two girls didn't seem to have a clue about what inflation actually is. Most importantly, £9250 has been in place since 2017. Taking inflation into account, the fees should actually be £12,011.34 (Source - BofE inflation calculator). So although it sucks, it can't be seen as an unfair decision by any means
Going by that logic, the original tuition fees were introduced in 1998 at £1000/ year, in today's money that is £1886 according to the Bank of England. Which is probably closer to what university is actually worth and a loan amount that could easily be paid off by most people. It wouldn't surprise me if the university crisis is tied to the high tuition fees and all the artificial debt that no one can pay off. Would be better to just centrally fund it at cost and get rid of the ridiculously high paid chancellors and vice chancellors.
Jesus christ these kids are dumb as hell. Student fees going up which will be covered by student loans honestly doesn't affect them in the slightest financially if they knew the interest rates they're already paying... I agree university should be free, but under the current system that exists there is no choice but to raise tuition fees to keep the engine running. The fact theyre only going up by £250 a year is a blessing if anything, they've been frozen since 2017. Universities are going bankrupt. Top universities are prioritising international students who they can charge £25-35k a year and as a result a lot of home students are finding themselves isolated in their masters courses with a bunch of internationals who stay in their own bubbles and don't socialise with home students. £9,250 would be £12,000/yr if adjusted for inflation. Them asking what they're getting back as a response to the rise, the answer is... inflation. They're simply rising fees to be slightly more in line with what they were getting before. Everyone on planet earth seems to get this concept (and validly so) when it comes to pay rises for NHS workers, to get inflation matching payrises. As soon as it comes to tuition fees though.... 'Well what am i going to get out of it?' Well, clearly not a brain.
I think possibly one of the worst vox pops I've seen from Joe. fees are going up by less than £300, and most people at uni never even see the money for the tuition fee as its paid directly via student loan, which chances are they will never pay back anyway. it felt like the interviewer was trying to outrage the students rather than actually get real opinions, saying that fees are going up but not by how much, and talking about 60p fredos. I think a lot of students don't realise how expensive a lot of staff and facilities are.
I graduated 10 odd years ago now, our course was print outs, lecturers who didn't know how to teach and a course leader who spent the first 2 of the 3 years on maternity leave. We were told point blank that the money we were paying was going to cover the cost of the fancier courses and building expansion. Total joke and total rip off. To find out they're going up again is absolutely outrageous.
well, just to let you know it hasnt changed... I would save £9k+ a year and just self teach, especially if its not physically taught stuff.
@@jungleboy1it depends on what you’re doing, can’t exactly self teach being a doctor
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
Why would you expect lecturers to "know how to teach"? It isn't school. In better universities, lecturers are there for research and teach almost as a sideline.
@@jungleboy1 You pay 9k a year? I doubt it, most people pay back a fraction of their student debt over a lifetime and anything that isn't paid back is written off eventually anyway
"Student Debt" needs a rebrand. It's a tax which only kicks in when you're actually using your degree (ie earning enough to be past the threshold). That's what's broken - if you study a degree that hasn't opened up a career path, you own none of the risk, UK taxpayers do, so why not go to uni - it's effectively free. By that logic either make everyone's free and stop punishing high achievers, or ensure everyone pays fairly to stop subsidising useless degrees. I'm more in favour of the former FWIW but just want to see it working out more fairly.
The privately owned universities set the tuition fee and the loan is paid directly to them. No it is not tax.
Student debt kicks in iirc at 26k and with the supposed average salary being 33k so yeah I agree. I disagree your implication of "useless" degrees
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
Someone well off enough to have their parents pay the fees outright won't have to pay anything back, so at the moment it is not a tax. I would advocate for removing fees and introducing a graduate tax instead.
This is such a narrow view on the function of education and what is useful/useless... Something is only useful if there is a market value for it. *facepalm*
They are literally raising maintenance loans (the money you get to live on). Tuition fees have no effect on your living costs nor does it have any effect on how much money you have in the bank. You only pay them back if you earn enough after you graduate. The repayment scheme is not changing so most students will end up paying exactly the same amount back to the government as they would anyway. fwiw I think it should be free and hope it is one day. But given the amount of other things that are chronically underfunded at the moment, abolishing tuition fees doesn't even come close to being a priority and anyone who says they are is out of touch.
"Why do we have to have inflation? Why is that a thing?"
Get that one a free education. She needs it.
Clearly not an economics student haha
Given that inflation is a way for the state to increase the wealth divide when the bankers destroy the economy, people should know exactly why it's a scam.
But seriously, why is inflation a thing.
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
@@HalfDomeIndustries it' better when cost of things go up so less people can afford and less people are left on earth.
Nah literally, getting a degree should be free in the first place but no - can't have shit in this absolute fucking shambles of a country - instead they're sending us all into even more debt. Fucking fantastic!
Bossman, even as a student I can appreciate this is something that needed to he done. Free university is a waste of taxpayers money. The system we had pre 2023/24 was perfectly fine. You were never gonna pay off the loan anyways. Its not fair to make the masses pay for people to chase e economically useless degrees and there's no reliable/ fair way of determining which degrees are actually useful. The only thing I think is unfair is the new 40 year repayment.
a debt that you never actually have to pay back. I agree with you that all education should be free, but we're talking about a minor increase here.
They just want to shackle us with higher taxes disguised as debt. It is because they are incompetent at managing the countries finances that they are looking to us to shoulder the burden.
Used to be free, and with lower relative grade boundaries anyway haha
tbf we already had a big decrease in real terms from 2009 just by inflation
Just scrap the interest ffs. I don't care if they raise it to £12.5K a year - do it - but make it INTEREST FREE and make the repayment period whole life. That's 100% fair in my opinion.
We need to make more of an effort to dispel these myths and misconceptions around tuition fees - clearly this discourse can be quite damaging in terms of a young person's perception of whether or not they can afford to go to university.
It's genuinely making young people from poorer backgrounds think that it's not a viable route for them, when the current system is specifically designed to enable them.
This planned rise won't make any difference to the amount the vast majority of people have to pay back (due to the cut-off limit). The ones it will affect will be the higher earners who pay off the loan quicker, i.e. the ones with the broadest shoulders. There is a debate to be had about whether tuition fees should be a thing at all, but to my mind, a graduate tax that is only paid by those who can afford it isn't a bad way of generating money that our public services desperately need.
Maintenance loans are a different conversation however and need to be increased in line with inflation. This mostly affects those from mid-level household incomes, as the poorest receive grants, and the richest can afford to supplement the extra. It's the people who only get the maintenance loan (not a grant) which goes entirely on rent and can't rely on the back of mum and dad. This needs to be addressed.
I thought universities were private companies
Maintenance grants were abolished in 2016. Its just a flat maintenance loan now but yes the same parental means testing logic applies. Its stupid that the state assumes that some parents should contribute to the cost but thats the system we have.
@@skyblazeeterno They basically are, (referred to formally as autonomous institutions).
It's a graduate tax in drag as a loan.
If you can't figure that out on your own maybe uni isn't for you.
I'm a uni student who agrees with the tuition fee hike... because I know how student loans work
You pay 9% of your income until you pay it off or the loan wipes, that isn't changing. The total £ figure going up only affects those who can pay off their loan, so you're basically taxing those who will be wealthy in the future.
If it was up to me, I'd get rid of tuition fees and just put a permanent 9% graduate tax on everyone.
You only get 4 years worth of student loan though. So if you fail or drop out in 2nd year, happens to a lot of people who are young and make bad decisions, you can't try for another degree unless you pay a year's worth of student loan, which is now even more unaffordable. For that reason I'm against the hike in tuition fees, but I agree there really should be a graduate tax instead.
@rebekkahill4664 i hadn't thought about people who drop out and retry like that, good point
Its sad to hear the lecturer slander when many of them are poorly paid/fractional staff who work really fucking hard to deliver an education against adverse circumstances without enough time to do it.
Yeah at the same time a fair few of them are just phoning it in.
Yeah, it's interesting how these presumably mainly left wing people suddenly turn into cut throat capitalists when it comes to something they've got to pay for. "What more am I getting for the extra money?" So you don't think university staff deserve to have their pay go up with inflation like everyone else? The reality is that students haven't seen an increase in the cost of their education in 12 years since the (admittedly massive) increase from £3000 to £9000. If tuition fees had risen with inflation since 2012, they would currently be paying £12,500. As it is, universities are making a loss on domestic students. It's only by charging insane prices to international students that they don't go bankrupt. And then everyone has the gall to moan about that too. The real issue is the government refusing to properly fund higher education, or make difficult decisions about what they're willing to fund, not universities charging fees that are less than the cost of the education they provide.
It really depends
@@JackHGUK some do - and often this is because their time is taken up with research and admin, or because they are on an hourly paid teaching contract that only pays for 1 hour of prep time. But yes, of course there are also those who put less effort into teaching than research. But these are in the minority.
I think the quality of an education that is being paid for is allowed to be slandered no?
My advice for people in year 11 and 12 currently: pick 4 A-Levels, focus all your effort on getting the best grades you possibly can in your exams, then apply for Irish universities on CAO. No tuition fees, no personal statement needed. Best decision I ever made.
Not everyone has the capability to do 4 a levels, it’s better to have 3 at higher grades than 4 which may be at lower grades due to the much higher workload
@@HRD01 depending on which 4 alevels it isn't a much higher workload (maths and FM is more like 1.5 alevels haha)
@@black1blade74 that is very true but if the A level isn’t adding a decent workload then it’s probably not very valuable anyway (with the exception of fm). Most UK unis only consider your best 3 results anyway so if the 4th does add workload and you end you dropping grades on a couple of your A levels it really is worthless unless you’re convinced about going to these Irish unis
@@HRD01*all good ones
Do you not have to pay tuition fees for the Irish universities if you're not from Ireland?
I think maintenance loans should be significantly increased. There were brought in years ago and haven't increased and they barely cover rent. After rent I was left with 2k for the whole year. Also student housing costs a ridiculously high. Why was my landlord earning 35k a year from 6 people in my house
They need to make uni free again...but massively reduce the numbers going and doing silly/useless degrees
Its bc so many jobs require u to have just any degree, not even any specific one so u clearly dont actually need a degree to do the job if it doesnt matter which
Scrap - or at the very least, slash - fees for STEM. Let the ones who want to do passion subjects pay for it.
@@omina.fornoz there is value in subjects other than STEM
@@the_fynethyme Elaborate
@@the_fynethyme Like what? No-one with an English or drama degree came in useful during Covid.
It's a nighmare of a situation because the universities are already on a shoestring. Most of their funding comes from foreign students which then subsidises the national students (which clearly isn't enough). Where could or should the money come from to pay for the service that the universities provide? And how to we increase it to improve those services?
I honestly don't think my degree was worth the money, and I'd advise a lot of young people to go for an apprenticeship if possible. That way you get paid and education, but you do miss out on the lols of university life :(
Not even a 300quid hike in a loan that likely will never be paid back in most cases essentially the cost of half a dozen nights out or a couple of concert/festival tickets
Finally someone with sense.
Feel sorry for todays students, I only worked in the holidays and went out as often as I wanted, didn’t pay a penny on my student loan till I was in my 30s and I paid it off last year
I think it’s actually tricking young people into thinking they need to pay back the money. You pay on what you earn most of these people will not even notice their student fees are being paid off as it’s included in the tax taken out of your salary. The increase will help students day to day living as the more you can borrow the more you can live on these kids clearly do not know how university works as a principle
Again you're missing the point which is Labour repeatedly indicated they would abolish fees.
@ it’s only for a year maybe they will abolish them but Lib Dem and conservatives tripled them and I entered uni just as Cameron entered as the majority but I still went to uni because £70,000 I owe means nothing when I’m paying more in petrol every month
Agreed. They don’t understand it’s NOTHING like normal debt, and the only effects on their daily life for the foreseeable are an increase in maintenance loans in line with inflation, ie more money in their pocket.
@pwners4u I think the main issue is there are 0 jobs in the country. I am regularly seeing medical graduate positions with 10,000 applicants.
I imagine it's similar across many disciplines.
A serious question needs answering and that is making sure the courses are good quality for money with cast iron guarantee of a work position after graduation. Otherwise no course.
And how do you feel about the reduction in the wage threshold that you have to start paying back and longer period you have to spend paying back that was implemented by the previous government a couple of years back that no one talked about at all because it was done by a Tory Government?
How do you know about it if nobody spoke about it?
9.2k to 9.5k is reasonable, as its going up less then the inflation rate, thank god its not 12k 😅
I got my Computer Science degree 6 years ago and it was the best decision I ever made. I make pretty good money now comfortably, working flexibly from home. There's no way I'd have the life I have now without my degree. Education is a right, and it shouldn't be charged for, but please don't let this increase in fees put you off. There has to be a mechanism to fund it, and this is just the capitalist version of making it free at the point of use.
Sure its not for everyone, but if youre considering it, then its probably best to do it!
Simple. Don't go Uni. It's a waste of time. How many people do we need with psychology degrees?
Can't study medicine or dentistry at home though
Signing poor teens up to university where they saddle themselves with a huge debt for decades is financially irresponsible of the government. Most of the degrees are worthless and very few actually reliably lead to a career in the field within a year of graduating. WIth the minimum wage hikes next year a worker doing a 40hr week will earn just over £25k a year which will mean they will immediately start to see the student loan come out of their paycheque (Plan 5 has a threshold of £25k). If they are lucky enough to eventually earn good money 9% of their gross income above the threshold will be taken from their net pay. With inflation leading to wage growth this 9% will likely become very large for some graduates and unless they earn a huge income they will be missing that 9% for 40 years of their life!
I doubt there are worthless degrees, and if they are that you or I are qualified to judge them, but I think there should be different routes for people to pursue their passion without losing out on earning.
You could imagine a scheme that supports students over a longer period to work and study part time. So, if they wanted uni level education but had a tangential career in mind they could train and accumulate wealth whilst learning about something - which is extremely important. Dedicating yourself to a study of something, anything, is a really important exercise in life.
This is why I was against the introduction of tuition fees from the start. Despite all the promises to the contrary, we all knew that they were the thin end of the wedge and ever increasing fees was the direction we were traveling in. I thought I had it bad in 2008 when I graduated, what with high fees and the economic crash, but it honestly feels like a day on the beach compared to what the current generation are facing. Shameful.
Ofcourse, you don't have to look too far to find Scotland where university tuition is still free. It all comes down to priorities. Westminster is not interested in funding university education, when they can charge foreign students from China, India and Nigeria (among others) £27k a year for the same course. These student loans are almost impossible to pay off with the exorbitant interest rates attached and the repayments affecting affordability later on should anyone be in a position to get a mortgage. This £300 increase is inconsequential; the real damage was done when we went from £3k - £9k.
If Scotland were independant, tertiary education wouldn't be free.
Indeed.
Scotland prioritised less effective tax on a graduate on 40k in return for worse secondary school performance especially from the poor.
@@ministry2627what are you even on about
@@ministry2627you don’t actually know that, they could just amend taxes to the level of other countries and provide feee education to Scottish born children in return.
It’s a small country with a relatively small number of people to be catered for under the policy each year.
Come to austria, studying my masters in Linz and total tuition fees are about 1500 euros... madness.
I like how people quote Scandinavian countries and "free tuition" but never contemplate that levels of taxation are also significantly higher. I'm sorry Britain but you can't have it both ways. We either tax everyone adequately and use the taxes for general good or we have low taxes and then pay for public services out of pocket.
We sat around and let the Tories underfund everything. Give tax breaks and government contracts to their mates. Then when we got frustrated we let the same charlatans take us out of the biggest economic project in the world. Now we complain that everything needs to be readjusted with higher taxes and borrowing because all our wealth was syphoned off to tax havens and to buy third and fourth properties.
I know it's not these students' fault but they should be angry with their parents and grandparents.
We're taxed at the highest rate science the second world war... We have nothing to show for it. Also I noticed you don't mention 3 years of Lockdowns, is it beyond your mental capabilities to understand that it cost A FORTUNE?.
They will end up paying like 1 pound more a month in student loan fees once they start working. These students fundamentally don't understand how it works. The issue of the quality of their education is another thing, there's clearly another point here about what a degree is actually worth.
You’re so wrong, people pay hundred of pounds per month back
Yes, increasing the cost doesn’t change that because the payback threshold remains the same but it means you’ll be paying it back for longer, just like the extension from 25-40 years and increase to interest rates did.
The country pushed to get more people into uni then raised the fees dramatically, now they’re going to see a huge fall in the numbers who decide to go…or at least that’s what should happen if people have any sense
@@mattj905Yes, the massive expansion in student numbers, from 6% of the population to 35%, was probably a mistake. I doubt people got smarter. There is also now a clear divide between the older, mostly Russell Group, unis and the rag-tag collection of former FE colleges that now have university status. Yet students pay the same to study at the University of Chester as they do at Imperial College. That doesn't seem right.
@@davidmorgan6896totally agree. I also feel the cost of courses should be linked in some way to earning potential…it makes no sense to create debt for jobs which we know don’t pay well and are unlikely to bring benefit to the student or tax payer.
@@mattj905 I think this is all intentional, they want student numbers to go down to reduce borrowing to finance higher education, after all it is one more thing on the government balance sheet.
I truly understand how students are upset, because I would be. I was the first year that had the £9000 tuition fees (plan 2), and it sucked. But I can't say my experience suffered comparison to my peers right before me. And before I say what I'm going to say - I think university should be completely free, and only a single part of an education and skills strategy where less people go to uni and we move a focus onto a skills economy not just a well educated one.
But I find it incredibly frustrating when a student says "why do we have to have inflation? ... No f**k that" - the tuition fee's going up are a product of inflationary pressure, which the government has very little proactive control over. They can only react. If the cost of everything the uni buys and makes has gone up 20% that has to be found somewhere.
The students say themselves the standards of teaching feel low - the only way we get them higher is by funding more. The tuition fee rise is part of that strategy. This is a microcosm of the countries budget as a whole: uni needs money because foundations are crumbling, raise taxes (tuition) to help that, and invest (which they are through various means hinted at in the budget).
Actual idiots the lot of them 😂. Just graduated and staring PhD. They should joke that a hike in tuition fees has no effect on day to day living expenses. And there was announced an increase to the student loan which does help dsy to day living
Staring? Did you mean to type starting here?
All of my cousins and siblings went to university for the 'experience'. Now most of them haven't even secured a graduate job even though they finished more than a year ago.
Plan 5 will have a much bigger impact to students than any price hike will
I'm saying this as someone who didn't go to Uni, but would have gone around the time of the Tory price hike, and the only member of my family to never go. For most things Uni is over sold. The majority of courses at Uni should either be a polytech course and has been moved into Uni (civil engineering has moved from HND to BEng for example), or doesn't need Uni at all.
I am an accountant. Accounts needs professional qualifications and not a degree. If you have poor GCSE scores you can start at AAT level 1 and if you have good GCSE scores you can skip to level 2. This finishes at level 4 where you can stop or go on do CIMA, ACA, or ACCA. If you have done your 2 years of A-levels in relevant subjects you can skip AAT completely and go into the intro branches of the chartered qualifications. This is roughly 1 year part time while working, though you could in theory do it in less. The Uni course is 3 years and at best lets you skip that one year you would need to do if you had A-levels. So you spend 3 years and about 3x the amount per year to learn what you could have learned in 1. Why would you go to Uni at all for that? There is no point.
The reality is we need to take a long look at the Unis and decide that actually a lot of the courses need to go, that a lot more companies need to take on training responsibility and increase their loyalty to their employees, and then we need to scrap a lot of the courses.
Student debt is basically a tax on your earnings. Since this is the practical case in which it gets used, why don't we just introduce an education tax and get rid of the system whereby we claim that everyone is 50-70k in debt with interest and then it gets magically wiped off after so many years. If we just called it the education tax which only those who go to University have to pay, we wouldn't be so bothered by it. Obviously the institutions rely on this debt for their own gain and that is the problem. I've no doubt retrospectively the way this debt gets wiped off after so many years will be reversed and we will be saddled for life. That's the way the UK like to operate.
Because that would look a lot like a raise of income tax which they promised not to raise. Despite it being more logical it, would be unpopular, one of the downsides of democracy.
Absolutely students should pay more!
the argument that pricing increases will cause student numbers to lower, meaning that less income will be received by the universities is a good point, but i think a lot of uk student's don't understand the amount of money universities can get from international students. they don't have the same ~9.xk cap on fees like uk students do
University - A place where slaves learn how to be better slaves and are charged for the privilege. What an impressive system, the elite Slave Masters have created :)
The fall in international student numbers have prompted this increase, cos they’ve been paying the subsidy for British students all this while. Thank the tories for that 🙃🙃
Wonder which way these geniuses voted.........
Is anyone really going to suddenly not go to University because of an extra few hundred quid on their student debt? (note I personally think University should be free but the actual increase is relatively minor in the grand scheme of the total debts they will leave University with). Student tuition fees in England haven't followed inflation for what a decade? If they had they should be something like £15k a year and it's not like the Universities are immune to inflation. Their energy costs are higher, their staffing costs are higher (although the pay in the University sector is shite relative to other public sectors e.g. teaching and in the last 20 years staff have lost something like 25% of there relative income because wage rises haven't followed inflation) etc.
The University sector has been absolutely gutted by the Tories but at some point something has to give. Either fees need to go up or several of the Uni's in England simply need to go under (Which I'm sure the same students would be very happy about right?). At least if that happened maybe the University sector could finally get a pay rise similar to teachers and maybe standards would actually improve? (as we currently have a huge brain drain problem of people realising they can make 2/3x as much in the private sector).
I bet these students voted Labour 😂
And what makes you think that with Tories it would be better?
@qeitkas594 Reform is the way to go
This is daft. I don't know why they're talking about maintenance loans not being enough to cover the rent because that's a separate issue altogether. These students don't understand how deep this country is in debt, and they'll only have to repay it once they earn above the threshold amount, then it's very little if you're a lower earner and it gets written off after 40 years. What labour are doing is essentially making student loan companies front the money to lessen the immediate financial burden on the country to get us out of the absolute state we're in now. The country is suffering and frankly this is a better solution than the winter fuel situation, which was cruel. This is not going to affect students at all while they remain a student and won't affect them at all until they earn a decent living (and then it's v manageable).
Why is this an issue? Majority of people will never pay off their student loans and it gets wiped after 30 years, it’s not like maintenance loans are being reduced, all these people complaining about how they can’t afford to live anyway, won’t see any difference in their student loan payments or maintenance loan, whole lot of complaints for nothing
do you still think it's right to keep increasing tuition fees? when do these increases stop becoming economically viable? because it sounds financially irresponsible and damaging to our future earners, if you can see even a few centimetres ahead of your nose
@@billhicks8
A 3%ish increase this year doesn't seem unreasonable.
This isn’t really true, lots of people earn above the threshold now such that it costs them a significant amount each month.
The threshold to repay doesn’t rise with inflation and if your were on a plan that times out after 25 years, quite a lot of people will pay it back with interest.
@@billhicks8 I think it is right to increase thee tuition fees, as inflations rises the real value of the £ goes down. I don't see how this is damaging to future earners? I earn 40k and I will never pay off my student loan, who cares how much my debt is as I will never pay it off. I just see student loan payments as an additional tax for going to uni
@@mattj905 So what? The threshold has nothing to do with the tuition fee. My girlfriend is on £27k and only pay like £2-3 a month. If you're earning enough money that your repayments are 'significant', then you're earning plenty of money, and shouldn't really be complaining.
It's a negligible amount of money and the students won't even notice it because their student loan will cover it. The only difference to them is that they might take an extra month or two to finish paying off the last of their student loans years later.
Last time the fees went up was over 10 years ago and it was by 6 grand. Meanwhile, universities are really struggling to stay afloat due to lack of funding and not being allowed to charge more. I really hope that Labour will also be giving them more funding on top of this miniscule tuition fee rise.
The irony is, these students I expect voted for Liebour, too young to realise what Liebour did to the country last time they were in power....... they will now learn the hard way.
It’s going up not even £300
Honestly uni is an absolute rip off anyway, I would never have gone if I had the chance to go back and I have a 2.1 in mechanical engineering.
I’m a parent, students have not had an increase in their student finance for years yet the cost of student rent, utilities and food has gone up. Collectively, as a family, we’re having to provide financial support to my daughter to just cover accommodation . I’ve retired this year but having to go back two days to support. It’s a joke.
most uni courses are a waste of money. Don't bother going to uni unless its a really good university or a vocational degree: engineering, medicine, dentistry etc. Get an apprencticeship.
This is the one thing (so far) I can’t back them on. We should be working towards free education.
price up quality down 8) innovation
why the hell go to uni when your going to be in worst debt and not be able to find a job in uk anyway its a absolute joke this country half of the work force that are in uni go abroad cause we don't pay staff properly.
For everyone saying this is basically a tax and they agree with the rise in tuition fees, you only get 4 years worth of student loan. This means if you fail or drop out in 2nd year, happens to a lot of people who are young and make bad decisions, you can't try for another degree unless you pay a year's worth of student loan, which is now even more unaffordable.
Essentually this is another example of the rich being able to afford mistakes in life, whilst the poor can't.
For this reason I am against the rise in tuition fees. If its essentially a tax, they should just make it a tax, and education ahould be free for all.
People are already not getting value for their degrees. This will make them consider how useful a degree really is.
And to be honest, I don’t think they are any use. Not to my kind of work, in IT.
Lot of degrees people see as silly and useless are that way because theres virtually no funding for alternative types of education so non-academic subjects have had to conform to academic standards.
Poor little lambs you used your vote & got Labour. 😂😂😂
I'm not saying I agree with the fact that this has happened, and I agree that there should have been other means of raising this money, however in real terms this is still less money than what the Coalition Government raised it to. Adjusting for inflation, the tuition fee hike in 2010 would be the equivalent of raising it to £13,500 today
For some career paths, you dont actually need a degree. You can take alternative routes to get there, only go to uni if it's your career requirement, e.g, nursing, medicine, law, etc. Otherwise, dont go for the "experience," not worth the 9.5k (sept 2025)
Puzzled these young adults don't grasp the concept nothing is free.Why should these courses be subsidised. Simple economics if you can't afford it don't go.
@Unknown24466 There's nothing free the taxpayer picks up the bill.Why should people who don't go to University pay for those who do.
Paying for education is insane anyway !
Isn’t it amazing how Labour keep systematically getting each of their traditional voter bases in turn and then giving them a right good rogering up the hoop?
It’s going up £300, not a massive deal
@HRD01 True, but I think more than anything it shows where their intentions lay and where in the future they may focus on taxing.
@@HRD01 Not a massive deal for you perhaps. £300 on its own isn’t too bad, but it’s not £300 is it, it’s £9,300, which is a slightly bigger deal to come up with every year, especially if you’re from a working class background.
@@oweng7987 almost no one comes up with the money for tuition fees every year though, everyone takes a loan whether they are working class or middle class, only the privately educated whose parents pay it don’t have to take a loan as it is
@ Oh, so what you’re saying is everyone needs to get further into debt, and that’s a good thing?
Great 👍
Most of the money i think is spent on maintaining the university buildings, lighting, equipment, and tutors, but that is still a lot of money left after and they spend it on research.
Hmm..but this does not warrant raising tuition fees. Reforming the system is about the actual education aspect. My course leader is selling courses that she's currently changing but it's still being advertised and she doesn't seem to know what it is. Even my administration team are incompetent and always messing up paperwork. The lectures are outdated using old materials,no invitations for discussions during lectures. People are travelling abroad to study nowadays
a point I would make to student who do take out student loans, is that you only pay it on money earned in the UK.
Not true I’m afraid
This will sound harsh, but this is not enough. If they don't increase fees much higher or fund Universities differently,then a lot of Universities will be bankrupt imminently. Many Universities are right on the edge now.
why punish the students when the government has failed to tax the rich to pay for education?
Maybe we should stop treating education like it's a business.
@@aaronsmith9209 Agreed. But if you're going to treat it like a business, at least be consistent and allow them to raise tuition fees in line with inflation every year, otherwise what's the point? They've deliberately created a system where it's impossible for them to fund the service they're providing because politicians are too cowardly to make a decision and take responsibility.
That's a good thing though. We don't need so many universities. Also, if universities didn't keep blowing money on new buildings and student accommodation then they wouldn't be in this mess. It's their fault and now students have to pay for it...
thing is unis increase fees every year either way. but this will be a rip off, driving more young people out of the UK once they graduate as they bear a huge student debt
Students hahaha 🤣🤣 reap what you sow
Losing overseas students costing british students how little englander won freedom.
This is what I like to see Politics Joe doing student politics, where the Corbyn fan club should be.
Real life starts once you leave school .teach the right subjects at school and just may be your find future leaders .and be passionate about what you want to become
It was hard enough to get a relevant job all those years back when I did my undergraduate (2009-12), though luckily I got there because degree inflation was not like it is today. But doing a history or English lit degree from a bog standard uni today for 10k. Erm.........
What the guy says about raising the price of freddos and people stopping buying them. The societal impact of that is people buy different chocolate. In the case of universities, if people stop going, we will have a shortage of highly educated people, or a higher percentage of highly educated people will be wealthy people. We need to avoid that.
thing is we have to many people who are educated right now in the UK and not enough jobs in a lot of degree sectors.
@@Kon-Society I have a degree and the job I do really doesn't require a degree, yet they look favourably on degrees during the hiring process. This is the case in lots of places so what are we to think but that a degree will help us in life. That being said, a degree isn't all you get from studying at Uni. The most politically uneducated person I know did not go to Uni. It's anecdotal but there you go. He thinks poor people are only poor because they're stupid, and that society hasn't a problem with racism nor sexism. He's persuaded me it's important that everyone has access to university.
FFS please ask someone with a brain. 'Why do we have to have inflation, why is that a thing?' Really? 0:39
Welcome to the real world that people have left school and got jobs and get hammered with with tax national insurance and tax on everything even on travel img to work and back
Going up with inflation = staying the same
Unless your parents are rich you weren't paying the tuition fee anyway, that's the bit you always get if you have a student loan, no matter your household income. A number of people in this video conflated the conversation with maintenance loans, which are a completely different matter. Why you stood there and let them spout about difficulties stemming from low income from the maintenance loan is beyond me, it was completely irrelevant to the conversation. It doesn't matter how high or low the TUITION fee is, you never see a penny of it if you've got a loan.
Now I'm completely in favour of abolishing tuition fees altogether, why wouldn't I be? But you know who pays for that in other countries, the government, not the magic free education fairy, it's not going to happen whilst we're in the middle of a public spending crisis now is it?
In our current system, it makes no difference what price the tuition fee is, almost nobody pays it themself. The vast majority of people never pay off their student loan and it gets expunged anyway, so why are they bothered?
I don't think the vast majority of people in this video using teaching quality as an excuse to deny this understand, in order for universities to increase teaching quality, they need more money, that's why they've asked for it.
Here come all the old peeps who can't even pick up sarcasm telling people how they think the world works
These are universities students, God help us, do they not undeestand economy, inflation, do they noy understand its foreign student were paying for more of theee cost.
They talk about student loans do they think the money comes from thin air, hobestly stupid.
Why do we have to have inflation F that??? 😂she doesn’t need to go to university definitely nor for her, also Scandinavian countries pay up to 60 percent income tax relax my friend.
If we still only sent the actual clever to uni. Top 25/30%. It could be tuition fee "free" for same taxpayer cost as currently is.
But as these contributions show, the system and mummies want not intelligent people to go to uni.
If we still only sent the "actual clever" to uni, we'd still have a 1970s economy and technology. Mass degree level education is a prerequisite for advanced economics to function. "Not-intelligent" people with degrees keep our society afloat, there's far too many roles that need a degree education than there are "actual clever" people.
The idea the taxpayer shouldn't pay for education is absurd, they're the main beneficiary. Those degrees make all the tax money happen.
@TheMrZ
We sent 15%ish in the 70s.
Sent 30%ish 25 years ago.
Sending 50% hadn't made them cleverer. Intelligence peaked with 75 birth year cohort. We just now have a tranche of confused 28 year olds who think they are clever, as school told them they were, but real world is telling them they aren't, hence they earn
Just go to uni in Ireland on CAO.
When will they tax the fat cats and the wealthy!!
Coming up: interviewing turkeys about Christmas.
It should be value based. A media studies degree from a former poly is not worth 6k let alone 10k.
tuition fee hike isnt really a big deal. paying it off over an extra 10 years is a big deal.
I am one to admit tuition fees are expensive and the government should prioritise education in this country, but sorry about the argument to compare scandina countries to us I like comparing a lion to the average domesticated house cat. The uK economy is larger but so is the demand for public services and immigration is only a small part of the problem, waste is another and the lack of early investment is the other too. If we were to even compare ourselves to Europe it would be France, Germany can afford cheaper education costs, based on its spending and investment behaviours and also being the largest economy in Europe and nearly double that of the UK's so sorry you cannot simplify European geo-economics on bite-size info without looking at the detail politicians do this all the time to excuse there shoddy policies and I would expect better from the people as you can do a simple google search and have all this info in 5 mins
Have a look at the difference in income tax between Scandinavian countries and UK. From memory, its almost 50% on minimum wage.
People love to hate on the UK's liberty. Wonder how much research/ travel has occurred...
@@FerrousManus take all the people in the 4 Scandinavian countries which totals of 28 million people with a combined GDP of 2.1 trillion USD vs UK 68 million with a GDP of 3.3 trillion GDP, and the national debt UK 100% of our economy and the combined 4 Scandinavian countries its nearly a total of 800 billion dollars USD so you not taken in to consideration the fact is that these economies invested wisely for decades in their economies, where do we get the extra money to pay for everything, I would prefer an equal taxation system but with our current economics it is not a one size fits all approach we need to clear our national debt or reduce by half to even consider being like Norway or Sweden and goes back to one of my points is the reckless choices politicians have done to this country. FYI I ve been to these places and the culture is also different People's attitudes is also another thing, in Germany people rent more then own property, Germany thinking is not to borrow more than you have, this applies in countries like Japan as well, but Britain like France is borrowing more to feed the social welfare which in travels from Latin America to the USA to japan and Europe the UK is more state-funded then even the 4 Scandinavian countries we always reference, we throw money at every problem without actually addressing the bigger problems I personally would like to spend more on education but I would like to remove money from things that don't benefit the UK like the 17 billion to foreign aid or the benefits that migrants get while their applications are being processed, or the money that very rich pensioners get or the money goes to people that live off the state benefit system. These alone are the examples of waste we currently have and while Scandinavian countries can afford to spend this we cannot and we are just paying more for waste. o if you really wanna go there then tell me how our politicians could fix the UK without napkin ideas or waffle because we are good at moaning.about elected officials but we don't have pragmatic answers and blaming immigrants isn't something I would entertain as politicians had the money and blew like it was there night on the town
@@FerrousManus and jus this snipet took 3 mins to look up and total up and compare the social differences and attitudes and it is attitudes of the people that make things work in Scandinavia compared to the UK
These student are so uninformed. Need a lesson from Martin Lewis
Most of these people were talking about cost of living. The fees don't kick in until later. I'm paying mine now and am grateful I could get a loan to study a masters, it rescued me from a life experience trapped working in retail.
It's about £200-odd quid extra a year.
And the number of people conflating the Tuition Fee with the Maintenance Loan is bleak.
You don't receive the Tuition fee, your university/college does.
The Maintenance Loan WILL be increasing.
Completely dense
How about only gping to university if you can afford to pay for it yourself? Or get an apprenticeship.
"if you don't have the money you can't afford it" but that's just not understanding at all how the student loan system works. Eveyrone can afford tuition fees. Will some people pay back more, absolutely. But tuition fees themselves are not pricing people out of university.
I disagree ...it's a common perception about the loan which puts many potential university students off
@@skyblazeeterno it's a misconception though. That's the point. Tuition fees could be £100m every year per student and it wouldn't impact a single students weekly budget while they are at university.
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
It's not really a hike
It's not a hike, it's a slight increase. Hiking is what the coalition did. This is an increase of a few hundred pounds.
You realise Labour introduced fees then tripled them before the coalition?
@@emberplate You realise that the snide tone is adding nothing?
@@ancaoraathasach Jesus, remember to take your SSRIs today 🤣
In 2023, Scottish Students graduated with an average debt of £15,400 compared to English Students graduated with an average debt of £45,000. Nearly three times higher or nearly £30,000.
Its the 16th year of free university tuition to Scottish Students.
Yes, but with a 8% interest rate this minor addition with everything else leads to a significant increase over the course of a lifetime.
The guy in the north face coat complains about not having money while wearing a coat that's ~£215...
The two girls didn't seem to have a clue about what inflation actually is.
Most importantly, £9250 has been in place since 2017.
Taking inflation into account, the fees should actually be £12,011.34 (Source - BofE inflation calculator).
So although it sucks, it can't be seen as an unfair decision by any means
Going by that logic, the original tuition fees were introduced in 1998 at £1000/ year, in today's money that is £1886 according to the Bank of England. Which is probably closer to what university is actually worth and a loan amount that could easily be paid off by most people. It wouldn't surprise me if the university crisis is tied to the high tuition fees and all the artificial debt that no one can pay off. Would be better to just centrally fund it at cost and get rid of the ridiculously high paid chancellors and vice chancellors.
Jesus christ these kids are dumb as hell. Student fees going up which will be covered by student loans honestly doesn't affect them in the slightest financially if they knew the interest rates they're already paying... I agree university should be free, but under the current system that exists there is no choice but to raise tuition fees to keep the engine running.
The fact theyre only going up by £250 a year is a blessing if anything, they've been frozen since 2017. Universities are going bankrupt. Top universities are prioritising international students who they can charge £25-35k a year and as a result a lot of home students are finding themselves isolated in their masters courses with a bunch of internationals who stay in their own bubbles and don't socialise with home students.
£9,250 would be £12,000/yr if adjusted for inflation. Them asking what they're getting back as a response to the rise, the answer is... inflation. They're simply rising fees to be slightly more in line with what they were getting before. Everyone on planet earth seems to get this concept (and validly so) when it comes to pay rises for NHS workers, to get inflation matching payrises. As soon as it comes to tuition fees though.... 'Well what am i going to get out of it?' Well, clearly not a brain.
These vox pops are not helping students cases.
Move up here to 🏴 then 😊
Doesn't Scotland want independence from England ?
Ohhhh it's coming and Tories and liebour are helping independence
I thought students were supposed to be intelligent.
I'm sure
You're missing the point. You should instead be asking Conservatives what they think about the black hole the Conservatives created in our economy.
I think possibly one of the worst vox pops I've seen from Joe. fees are going up by less than £300, and most people at uni never even see the money for the tuition fee as its paid directly via student loan, which chances are they will never pay back anyway.
it felt like the interviewer was trying to outrage the students rather than actually get real opinions, saying that fees are going up but not by how much, and talking about 60p fredos.
I think a lot of students don't realise how expensive a lot of staff and facilities are.