Students react to proposed tuition fee hike
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- Опубликовано: 22 сен 2024
- UK universities have called for an increase to English students' tuition fees to avoid budget deficits. We asked students at King's College what they thought of this proposal.
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The fact that it's not interest-free is a lifetime of debt. You'll never be able to pay it off as the monthly interest will be more than the monthly payment towards it.
If you do the maths you need to walk out of uni into roughly a 45k a year job with regular yearly pay rises to ever actually pay this off…
It is impossible to pay off.. I left uni in 2020 and currently earn £60k and my monthly interest is still > than the monthly payments
They may as well just call it a 9% university tax
@@HarryHughes-nb3fo I feel ya.
It definitely should be called an education tax rather than student loan…
It is in real terms interest free, it follows RPI (an index for inflation)
This was a recent change last year, it used to be an interest rate of RPI + 3% interest which is ridiculous and will never be paid off
not to say i agree with a tuition fee hike
@@sovereigncataclysm for plan 2 I believe it is still RPI+3% unless I'm wrong? I just checked my account and interest for August was calculated at 8%
The people at the top of society complain that the economy is not growing and that productivity is problem. Then you shackle our young people with huge debts before they even start full time employment, rather than investing in them. Meanwhile the wealth of the rich continues to grow. Seems as though the change in government has achieved very little real change for the people in society that need it. Why aren’t they going for the mega wealthy tax dodging lot?
mega wealthy tax dodging lot who own the assets, media, politicians and can afford the best lawyers in the country for the policies that they asked for?
Be a brickie, we need them!
it's sad that these bright young minds won't be given the same opportunities as older generations, simply because the older generations chose brexit and are determined to protect their wealth. the taxpayer cannot support HE entirely - there must be a serious look at how to protect the educational institutions by balancing the tax burden.
In fairness to people from older generations, far fewer went to university which is why the govt. could afford to keep it free. This problem stems from 1998 when they started prioritising increased enrolment and introduced fixed fees to fund it. Universities now have to fund themselves by subsidising the courses that are expensive to teach (STEM) with ones that are cheaper (humanities) - that forces them to grow humanities courses and constrict the STEM ones, even though the latter have far better career prospects. It's an economically illiterate strategy that's really tricky to unpick
Do you have any idea what you're talking about? University places used to be CAPPED. Older generations DIDN'T GO TO UNIVERSITY. When Labour introduced fees and removed the cap, they didn't create better outcomes for bright young people, they created a ponzi scheme. What Brexit has to do with any of this is beyond me.
@@PJH13 "far fewer went to university which is why the govt. could afford to keep it free." - Scotland says hi. Fees for a Scottish student are £1820 per year and are in almost all cases covered by the government plus there is the additional income from the block grant etc. Not to say that the Universities in Scotland don't have their own financial issues (they definitely do) but the student fee debt bubble in England is catastrophically bad and only going to get worse.
@@spikeychris Hey, I agree there were better ways to fund them and to limit cost increases. There are a features of Scotland's unis that England or Wales simply couldn't replicate though - e.g. only 1/4 of students at Edinburgh are Scottish, the rest pay higher fees
I'm fairly sure the stats show that most older people who went to university didn't vote for brexit.
I certainly didn't and I'm old enough to have had no fees and a student grant from the council, wahay!
Before universities were a cash cow they didn't have this issue.
An absolute disgrace. As a minimum it should be interest free.
These loans won’t ever be paid off
(these loans won't ever be paid off) But that's a good thing, no? Someone who never 'wins it big' will spend none of the £9250.
Edit for clarification in brackets. Also edit: it should be interest free though.
Except they lose 9% of their income above the threshold for most of their working life.
Or at the rate the government pays for its debt (ie substantially lower).
@@omegonchrisin UK, but not abroad 😊
My girlfriend is a pharmacist, over £70,000 of student debt and rising.. we recently decided to salary sacrifice her wage down to the loan repayment threshold, and pay it into her pension. She doesnt pay any student loan now. Fuck 'em.
Absolute genius.
Lol I haven't graduated yet but that is exactly my plan. Just not sure if that will enough for all my expenses. I feel for newer students who have to repay for 40 years as this method will probably still fuck them over towards the end of the repayments.
Hope you own a house as if you need a mortgage may be problematic.
Studying in Germany cost me about 600€ a year to the university (which included free public transport across the entire state), so hearing these numbers is crazy. Makes you wonder where that difference goes.
Into senior management pockets!
My God these two parties are laughing at the people.
It's just like Democrats and Republicans here in America
It truly is a Uniparty on both sides of the pond. They give us the theater of "cultural differences" to trick us into believing that we have choices, that democracy still exists. We don't, and it doesn't; we all live under a fascist corporate oligarchy.
they are politicians aka rulers they are ment to laugh at people, people are the workers
Crazy. Everyone quick keep voting for Labour I'm sure that'll fix it.
@@alphasword5541 we need to move towards proportional representation somehow. this decrepit system is a nightmare
You do know its the Uni’s asking to increase the fee, not government?
You know what universities could start selling the property they own, stop building vanity projects, reduce non-teaching staff, and 100 other things before they ask for more money from students. The universities seems to think they are already making tough choices they haven't even really started.
I couldn’t agree with you more
The vanity projects were intended (in some cases delusional) to fund themselves in the long run. Pre-COVID, the idea was that new buildings would draw-in international students whose high fees subsidise domestic attendance. Post-COVID though that idea face-planted
or and hear me out hear how about we just come together as a nation and actually fund education in the UK so people lives are not ruined for the crime of learning.
@@flucazade I'm all for getting more direct funding to unis but removing tuition fees fully would cost c. £12B / year and tbh I can think of better ways to spend that money in education
@@PJH13Reverse the 5% cut in corporation tax
There's £15billion+, job done.
Greetings from Germany, near Cologne. Congratulations to the UK because these young people are amazing. Transparent arguments, able to analyze the situation and well informed. I do hope they can look forward to having a great future.
All that to work in a Call Centre
And learn that men can suddenly become women.
You think a King's degree leads you to a call centre job?
Try to become a doctor, lawyer or engineer without a degree
I think they introduced fees a couple of years before I went to uni. It was FREE! so it went from free to £3000 a year, then went to £9000 a year and now they want £15000 a year?!?! When it was FREE for decades. This country has fucked me and younger generations over since 2008 and I'm sick of it.
Not only was tuition free, there were grants that covered your living costs with enough left over to go out for a drink on the weekend.
I would solve this problem by just moving away and never coming back here.
i did
@@failedrockstarbye.
@Believe-you-me- you're embarrassing man 😂
@@andrewgoodbody2121 you moving too? Or just here to moan……
@@failedrockstar Where are you, if you don't mind me asking? Did you get a degree in this other place?
Considering the quality of the education you receive, this price is a total joke.
As a course leader in a London University, I think Student loans should be interest free and the government should make up the difference to a realistic cost per student to university. So 9k loan plus 6k top up from govt.
In addition to the crazy prices, the salaries the jobs you could even get off the back of them won't help to pay them off.
Fees up + salaries frozen = great job!
That body represents Vice Chancellors. Who could not be more out of touch… lecturers and support staff are not to blame for this, but they will suffer because angry students will blame them.
I dunno. When all our lecturers went on strike most of my course was a hundred percent on their side and realised the senate house elites were a different gang, the ones actually responsible for the strike by denying our teachers the pension they are owed
Sunlit uplands of Brexit Britain, where the streets are paved with gold, and there is a unicorn on every driveway.
Given that many junior lecturers are on zero hour contracts and that a lot of classes are done by them and not senior professors. The question is where is the money being spent in Universities in the UK. I think there's a lot of administrative and management responsibilities on the higher cost burden.
So I studied a degree from 2005 - 2008. Fees were only 1,200 a year and my loan was only 2,500. Even with that I have only paid off my fees in 2023 having worked in jobs paying above the national average salary for over a decade. Increasing to 15k is a joke and I simply could not considered University at that cost.
But it was a choice not to pay it off sooner.
@@robertmccann9631 not considering university is the point, they want a less informed electorate who will do menial jobs that pay less and look up to the establishment class "cause they know words n stuff" completely regressive but entirely predictable from Starmer's Labour
@@flucazadeI would like to know what jobs you would consider to be menial ? In my opinion for most people going to university is a waste of time and money. Getting into tens of thousands of pounds of debt to get an average paid administrative position that will soon be redundant due to AI seems crazy
@@Medoingstuff82 I consider menial jobs to be menial, it's just a word it literally means lower skilled and lacking prestige. There's no shame in menial work I've done many menial jobs in lifetime. But the word just means what it means. You're right education isn't something to be admired or worked towards because of AI, let us all stop learning whether for personal or professional reasons because of it.
Honestly as a guy it's much easier because the government has invested a lot in apprenticeships; a lot of which can be fruitful careers for men (like electrician, or development which I did). In my experience, I don't see them being options for women because the lack of "inclusivity" would make them struggle to be the best version of themselves.
And the 2 year student visa doesn’t count towards your 5 years to get citizenship and they increased the work visa sponsorship salary threshold from 27k to 38.7k. Companies won’t offer students nearly 40k for entry level jobs. So why would you bother studying here
not true in all countries, eg Germany just changed the rules to include years on a student visa
There's a crisis in our healthcare system where we don't have enough doctors and nurses but we now want to make it more expensive for young people to pursue those career paths...
There’s too many Universities offering too many subjects. The emphasis on tertiary education is clearly to keep lower performing universities afloat.
Not only that, either the courses are pointless or the tutors are useless.
Yup, and the incentive for the unis are to get students to do the cheapest courses to teach (as the fees are the same no matter what) and unsurprisingly those ones have worse employment prospects
That's why learning trades is a better option; you earn and do not accrue wealth in the short run, and you earn more as an electrician/plumber/bricklayer etc.
Don’t be fooled. There is a rhyme and a reason to this.
The U.K. economy is declining , falling GDP , high interests rates and sticky inflation.
This country is highly dependent on the service and hospitality sector.
The government need people is low paid jobs, and if they restrict access to higher education, the youth will have no choice but to take up these roles.
It’s sad to see such a dire situation. I was one of the lucky ones, just paid off my student loan, ( it only took 15yrs ).
Brexit and the Tory parties immigration policy is what has caused this 🙄
If students cannot pay off the debts now, why are they worried if it increases as the government will be paying the remaining part of the bill and not them. The increase will only affect the students who pay it off early with higher paying jobs. Remember, the debt is written off after 30 years, at the time of writing.
They keep getting massive above-inflation increases, but it just ends up wasted on underutilised construction projects and upper management pay increases.
If they'd increased the £3000 from 2004 in line with inflation, it would cost £5262 now. Even the £9000 from 2012 in line with inflation would only come to £12579.
They have near enough doubled the cost from 2004 to 2024, even with inflation accounted for, yet they still want more money.
That's not really a full picture though as they used to receive a lot of their funding in the form of a grant from the government. That's gone down so the increase in fees doesn't really mean more $ for the unis themselves. It's true that some of them are very wasteful but it's not often the ones you'd think of: the main problem isn't underutilised buildings, it's courses that don't lead to jobs - because of the loan system the government spends the most on the worst performing unis as their grads make the least loan repayments
Most students with 9k fees won’t pay it off anyway let alone 15k
I agree that students should pay their own fees, but i 100% disagree that interest should be chargeable on such loans. It should be interest free.
So who should fund it then?.
@@Robert-cu9bm if there was no interest most would pay it back in reasonable time periods from their salaries... Or you could argue that graduates pay back their university costs many times over through decent wages hence income tax contributions.
@@manapause
But it's tax payer money we have to pay the interest on, why should the person taking the money not pay the interest.
Basically your asking for tax payers who don't go to uni to pay the interest for people who will on average earn far more than them, just so those higher earners can have even more money.
I make a top 20% salary and with the 7.3% (!) Interest on my (currently) 60k+ the mandatpry payments don't even cover half of interest
So I guess graduate tax it is
Like it used to be
The government should put more money into real apprenticeships
Wouldn't it make sense to make employers pay a percentage of income for all jobs that require a degree to fund universities similar to national insurance?
The other way I could see it working is to swap the debt to a graduate tax that each UK citizen agree's to pay on all income, even if they leave the UK.
The interest is so high on student debt because of how few will pay it off and the financialization of it.
The UKs universities are one of our few remaining comparative advantages as a country and their mismanagement is shambolic.
This is far too sensible and helpful to people for governments to consider.
Student debt is technically already deferred to taxpayers.
That's essentially what we do though, albeit in a different guise. The loan system is essentially a tax on jobs that require a degree because it only kicks in at higher income levels. The problem is this has no effect on the unis some of whom run poor quality, cheap to run courses; because they get paid the same no matter what happens to the grads afterwards
We already means test maintenance loans, why not means test tuition fees? Incentivize working class students, subsidise with international and well-off home students paying more
It is means tested in a way though. How much you actually repay of the loan and the interest rate is entirely based on your earnings. I'm not saying I like the system but it achieves what you're suggesting
@@PJH13 The interest rate is based on the inflation indexes, not your income.
I like this idea, but one of the problems is that rich people can already pay their university fees up front, and avoid the graduate tax altogether, if your parents have already paid private school fees of £8k per term or whatever then £15k a year for uni sounds like a bargain to them. It already entrenches generational wealth, even if you graduate with a great degree and get a job with excellent pay you’re still 9% of your paycheck poorer than your colleague whose parents paid up front, and that could continue your entire working life.
@@omegonchris It's based on both for anyone who borrowed 2012-2023. It was RPI + up-to 3% depending on your income - luckily they just got rid of the second part
The loans actually punnish middle class people the most, if you are from a wealthy background and likely to pay of the debt you can pay it before the intrest accumilates and compounds, if you are on a low income you will likely never even dent it but if you are from a middle income background you wont have enough to pay it off before the compound intrest does its work but will have enough to be over the repayment threshold so that a substantial amount will be payed back.
You make a good point, but class no longer equals income. There are the elite top 5% of earners and then there is everyone else…
UK universities had opposed the bill in the House of Commons for granting fewer graduate visas, and now, with fewer international students footing the bill, it's the local students who are to cover the expenses. This makes even more sense when you consider how much international students pay to universities, especially for master's level courses!
Unfortunately UK graduate opportunities have been in decline since 2008. In the US, student debt is large but it is also very highly correlated with earnings potential. In the UK this is no longer the case, more and more graduates with fewer opportunities which is a large opportunity cost to the economy.
Our country is a disgrace. Things that should be free are being charged for and made inaccessible unless you’re wealthy. We need a new party that actually supports the working class again, as the Labour Party certainly doesn’t exist anymore, as it should do.
Unpopular opinion:
Just dont go to university.
I know so many people with degrees they're not using its actually insane. I got an apprenticeship after high school and im years ahead of my sister who went to university despite being two years younger than her
If you study in Scotland it is free, if you live in Scotland three years before your course starts.
So poor people are paying for middle class people.
@@Robert-cu9bm Are you high?
@@nicknelson4895
Do poor people pay taxes?... Are they going to uni?.
Nothing is free it's paid for by someone, so they're paying for the middle class to go to uni.
Students supposed to be okay with going to university for £15,000 a year and then getting on their first graduate salary of... £15,000 a year 💀 (obviously this is a joke... but not too far off)
I'm a Uni student and i wouldnt mind an increase of 1k or 2k on tuition, But 4k and above just seems unrealistic and would price me out....
Especially since rent is high and im trying to get my drivers license done on top of that which costs even more money, also the fact that insurance for 1st time drivers is too expensive aswell sitting at £4k
I feel so sorry for young people, if I hadn’t grown up when I did University would’ve been completely out of reach for me. I grew up on a council estate and was the first person in my family to go to university, it opened up the world for me. Tuition was free and I got a big enough maintenance grant to cover my accommodation, without that financial support I would’ve had no chance. Upward mobility has gone.
It’s the fact that uni now isn’t even value for money means a price increase is unfair
Labour should be pushing for more graduates. The more educated you are the more likely you are not to vote tory...
Except reality is in stark contrast to your claim, in aggregate the least educated areas of the UK still vote labour.. also one of the issues people are discussing as part of the national conversation with the education system and institutions within is that they are all liberal left wing types, that's not necessarily a bad thing but when you have 80-90% of professors being of the same political bent then you have to ask yourself is the actual reason because they're educated, or is there an influence from being in those institutions.
@@chester6343 so why are 80-90% of professors all "liberal left wing types" surely its not because they are educated
What is 'being educated'? Is getting a degree the only way of 'being educated'?
What's the point of raising the fee? Really? No one is going to pay off their student loans and then after 30 years, the debt gets wiped off. Is government just delaying the problem for 30 years down the line?
Sheffield, Nottingham Bristol each have two universities. Each should be forced to combine honestly.
Should make it so 65% of students are from the UK and Northern Ireland also.
Uni fees just transfered higher education funding from the Government to individuals. Higher Education should and could be part of an Industrial and work strategy but like everything it's a gravy train
Medical staff eg nurses are paying £9k per annum to work on wards!
It is all utterly disfunctional x
I only watched the start of the video, but i dont think this has any effect on most uni students. We're not going to pay off the loans as it is already, so increasing tuition fees will only act to increase the governments spending when handing out the loans. I believe the recent changes to the structure of repayments (40 years repayment, lower starting band) could have been put in place in order to afford the increased cost to the government.
It’s just so pointless, the money will just never come back, they won’t get any money back when it isn’t there.
This is the fee the universities are calling for. They don’t want UK students.
I hope all these young people coming through abandon the Tory and Labour parties. Only way anything might actually change
Why bother going to uni? Why saddle yourself with a lifetime of debt that the govt has sold off to private finance, and that the interest just accrues year after year. Sad.
Also most degrees don't offer any advancement.
have you tried to apply for a job recently? a lot require a degree and do not give a fuck what the degree is.
@@BananaBananaBanana-y3k Rubbish. The opposite is reality. Unless the job requires a degree employers couldn't care less about your degree.
@@patarciepaul honestly, a 5 min job search will land you with a vast majority of vacancies requiring (or preferring, which is the same as requiring in terms of outcome for applicants) a degree or degree level equivalent education.
@@BananaBananaBanana-y3k If they require qualifications they'll ask for specific things like Sage AAT accountancy. I've never ever seen a job advert that requires a BA in History, sociology or psychology etc. There's just no jobs available for degrees like that. Only STEM and industry specific degrees matter.
I finished the last year it was £3000 per year in 2009, yep interest free at the time but interest got magically added still paying it off. Christ knows how much people have been paying at £9000 a year and now this. Terrible. Yeah let’s rob people of the chance to get knowledge.
My partner is a teacher, earns £55k and owes £40k+ still (£9k cap)
I earn 50k and my debt has kept going up. it's now up at 60k i think (?) - i've just stopped caring at trying to pay it off
A government is suppose to make people’s lives better!
We live in barbaric times!
does no one here understand that it's the universities and not the government that are proposing it?
But do we need so many students?
No basically
Commodification of education will be seen by later generations as a moral crime. The idea that having three years to be consumed by something, to be stimulated, to have the oppertunity to develop yourself and follow your interests without worrying about a job etc - this should be for its own sake, to grow as a person. But now the mindset behind it all is "an employer will like this on my CV, and it cost me £45,000". We are so cooked.
We need to stop calling this a loan or debt. It isn't, it is a graduate tax.
The interest rates on them are gross and as a result most will never pay them off until they are removed after 40 years. This does unfairly hurt low earners as really high earners pay them off quickly, lower earners are stuck paying a small amount for a longer time and pay more overall. Increasing tuition fees and not changing the repayment structure doesn't really change anything except for a small number of people who under £9250 a year would have paid it off before 40 years and no longer will. Sure the total number on the loan is more depressing but it already is.
Also I don't think enough blame is applied to the previous government for this situation. Their obsession with overall migration numbers and including student numbers within that was lunacy. To try and appeal to morons who think "stopping the boats" had anything to do with net migration numbers they actively made the UK less attractive to international students. It is no secret that International Students paying extortionate fees was what was keeping Universities afloat so this problem was always going to happen.
I had mine up from £3k to £9k.
It's not really a loan though, it's more of a graduate tax that you accept for getting financial support for your education.
If I never pay off the loan before it's wiped, it wouldn't matter if I had £9, £9,000, or £90,000 debt left. It would only affect the most successful students.
Person who is educated is a person who is free!
Please explain how
Me using every tick in the book to dodge the slc
Apprenticeship is the way to go.
The student loan book was sold off to a private company. That should never ever have been allowed. The fact that it starts to be paid off when earnings are £26,000 is a disgrace. Why do employers treat graduates as if they are school leavers. It’s a pittance. Who can even buy a property on a salary that low?
Because nowadays most school leavers do go to Uni so it doesn't have the rarity value it used to. This matters less if they've picked up useful skills but too many courses don't give them that - why would I pay more for a 21 year old who's spent the last 3 years studying creative writing than someone who's spent the last 3 years working and learning their job?
Modern day slavery. An utter disgrace.
About the nursing degrees (just completed mine a year ago in children's nursing).
Even though there is a bursary (and incentive for specifically mental health nursing, if you have children etc.) you still need to pay the £9250/year and take out the maintenance loan.
The bursary is an aid to help with general living/petrol/public transport/accommodation for the up to 3 hour journeys they are allowed to send you to (each way) for your unpaid full time placements (2,200 hours unpaid work over 3 years) which on top of you have to exams, assignments and dissertation in 3rd year whilst working this.
So I can't imagine why anyone would want to do it for £15,000/year.
If the political will was there there would not be a tuition fee and students would be given a grant. Once upon a time, many decades ago the student grant was enough to cover fees, accommodation, travel, books, equipment, food and beer.
That was before 50% of people went and studied pointless shit
For a much smaller number of students, though. The issue we've got is universities being asked to fund their ever more expensive courses (staff still need a pay rise every year) but never increase the amount of money they charge to students. It's basically unsustainable. But then so is ever-increasing tuition fees. So we either fund it out of taxation, accept that only rich people can afford to go, force people to take out loans they will never pay off (which future generations will have to clear), continue to increase international students, or reduce the number of students we educate in universities.
@@joepiekl we don't need to reduce the numbers if: we charge different amounts for different courses and allow employers to sponsor students to study courses
@@ster2600 'pointless shit' is a ridiculous assessment.
Specialisms are important. Humanities are crucial for anyone that works at the level of improving society in any way.
@@dominicparker6124 I would say STEM has improved society far more...
The tax burden in high for lower earning people, very rich people pay basically no tax
the rich's favourite career for their children is trading - which doesnt require an education to do. the education is just a filter to ensure that only the well off can afford to attain that qualification (plus the other expectations of extra-curriculars). if you ask the banks to fund universities and qualifications, they will just drop the requirement for degrees. tax wealth instead.
That is why the Open University was first designed by the Labour Party as Uni was too elitist.
Back in the 80s, only about 15% or 20% of school leavers went to university. And there were fewer A level students to start with. Academic standards at both school and university were much higher. There was tough competition for university places. But if you got in then fees and maintenance were paid by the government. People who got in studied hard to perform well against their peers. Students did not waste their time going on protests. There wasn't time, there was too much work to do. Universities were not private fiefdoms of greedy vice chancellors and they were not run like companies. They were government-controlled centres of learning and research.
I hope that people start to leave to go to other countries more, in Germany university is basically free for everyone, in Sweden its free after a year of residence. If Britain is going to treat people so badly I hope they leave and find a better life in other countries
England and Wales, not Britain. Northern Ireland is less expensive, Scotland is free.
Started day one of my masters today in Austria, as a British person I pay £700 a semester. So less than 10% of this proposed hike. Uk is a joke man.
The banking and law point was mute - if you do well in a finance or law degree, the debt won’t be a problem for long.
Be like Scotland, strike on campus for free tuition.
at this point... will it make any difference? since it's impossible to pay off anyway for most people (mine is at 70k rn, not paid back a penny). they'll probably only get the extra money from rich kids whose parents pay upfront to avoid the interest so one could argue it's ironically a bit means tested
What if you get lucky and earn a decent wage?
@@Believe-you-me- I did the maths a while back for myself and worked out I wouldn't pay mine off even I'd made 50k straight out the door at 22. if you became well above upper middle class right after uni, maybe, but not even if you worked your way up to it. so it's still only affecting people in a high income bracket then
dont get me wrong, it's still a crap policy but i don't know if it'll actually make much difference, vs something like lowering payback boundaries or stopping it being written off, both of which i was worried about
as much as it is bad to hike fees, this country needs to decide which degrees and unis are actually worth going to as most are useless, people forget that german unis are free but lots of people go into trade in their school system there as opposed to the uk
Very smart move since they are not longer receiving more foreigners students as they used to be it makes sense to increase the price for local students
All that debt to be a Starbucks barista or an activist....
You don't pay a penny back til you start earning above the threshold! I went in 2011 and barely pay the interest, it's just an extra bit of tax that's taken off your income after uni. If uni will help you, don't let the fees stop you. But absolutely investigate other options that might help you more. 😊
The solution, of course, is to have EMPLOYERS pay the interest.
This would mean that as a graduate gains experience, they become a cheaper employee, offsetting the cost of raising their salary in line with their experience.
This is disgusting. The universities have to understand that they deter people from studying with them and their income will fall even lower.
The university near me has spent money over the years on new buildings that they are now considering closing. And why are Chancellors and management paid so much when those at the bottom are paid minimum wage and are usually the ones to lose their jobs when cuts happen?
I know a Graduate tax has been mentioned in the past and that would be much lower than these student loans.
**Nurses and Doctors have to pay tuition fees as well. These are no longer paid by the NHS.
The reaosn for the sdip in international students studying in the UK is the idiotic rule change which now prevents the student from bringing their immediate family with them. That and the VISA changes which cost a lot of money and prevents the student from staying and woprking in the UK after the course has concluded. This is all on top of the cost of tuition and living in the UK.
And guess who dropped his pledge on university tuition fee? Hint: It rhymes with "Starver."
I mean ... no it doesn't. They're spelt similarly, but they don't rhyme.
Wont this just encourage UK students to go study in europe, making the unis even worse off?
No because Brexit stops UK students studying abroad for free.
Your not supposed to pay it off.
Barely any of these courses are actually worth the £9,250 per year they already charge anyway. Ofsted inspect the quality of schools and colleges within an inch of their lives to ensure they are delivering good education, but I've never seen anything similar for universities. My degree consisted of about 4 hours per week class time, access to a library and a few badly run student services. Was probably worth £2k per year in my estimations, but because the government set the upper limit at £9,250, they were all allowed to hike it up to that with no questions asked. Where is the consumer regulator for universities at???
15k is too much apparently but these women expectvfuture partners to earn 100k+ pa. The nerve
Oh, so now there’s an elite!
In recent years the number of lecturers has increased by 50%, students by a similar amount, but administrative staff have increased 200%. Pretty clear how we can avoid needing this
University vice chancellors get paid an absolute fortune. About time this gravy train got derailed.
I also propose an upfront payment at a percentage of the yearly tuition fee, the percentage rate of which should be dependent on household income.
Keep the commoners in the factories where they belong!
Kieth Starver is not for the working class.
Is this the Labour parties proposal because what I'm hearing is it's the universities calling for higher fees?
The Labour Party in the 1990's pushed for more young people to go to University.
Which factories are these? Didn't Maggie shut most of them?
It's tricky as I think most lecturers are striking often because unis need more money. But if put it back on taxes it'd make it waaaay harder to get into uni like it was before fees.
Back in the 80s, only about 15% or 20% of school leavers went to university. And there were fewer A level students to start with. Academic standards at both school and university were much higher. There was tough competition for university places. But if you got in then fees and maintenance were paid by the government. People who got in studied hard to perform well against their peers. Students did not waste their time going on protests. There wasn't time, there was too much work to do. Universities were not private fiefdoms of greedy vice chancellors and they were not run like companies. They were government-controlled centres of learning and research.
If Labour does that, they'll guarantee being a one-term party in government.
@@hg82met round and round we go.
That is crazy. Crazy. I graduated in 2008 and I think it was £1.5k per year then!
So glad i did a degree apprenticeship and got a free degree, bwat way to go these days.
30 years ago university was free and you got a grant to boot. Student accommodation also didn't cost the earth. I feel sorry for people going to university since 2011. However, I do think this will all change one day in the future and it will become free again to go to university. Students over the last 13 years got a very rotten deal.
The state, It's agencies and universities have forgotten the utility of education can do for the nation
Go to uni to more than likely work in a supermarket or a building site