[UK] Tuition Fee Rise, including for existing students, of £250 'sneaked out'
44 replies, posted
[QUOTE]The move to increase university tuition fees in England to £9,250 has been launched - without any announcement from the Department for Education.
The changes to the fees, affecting more than 500,000 students beginning in the autumn, was put onto a government website last week.
[...]
For the first round of increases, almost all universities will be able to charge the higher fee.
It can also apply to existing students, if universities want to apply it to them as well as new students beginning courses in the autumn.[/QUOTE]
[url=http://www.bbc.co.uk/news/education-38406733]BBC[/URL]
A day old but I had a look and couldn't see anything.
We live in a generation who will have debts they never expect to pay off in their whole lives, and that is normal.
Thank fuck I'm in Scotland.
[QUOTE=Hogie bear;51575130]Thank fuck I'm in Scotland.[/QUOTE]
Yup. Thank fuck it's free for us!
[QUOTE=Gary D;51575201]Yup. Thank fuck it's free for us![/QUOTE]
:(
Meanwhile the only reason I can afford to go to school in the United States is because I got my $18,100 per year tuition waived because I scored exceptionally well on standardized tests. And that $18,100 is the tuition to go to an okay public university. The actual good schools cost upwards of $50,000 for a single year.
[QUOTE=J$ Psychotic;51575264]Meanwhile the only reason I can afford to go to school in the United States is because I got my $18,100 per year tuition waived because I scored exceptionally well on standardized tests. And that $18,100 is the tuition to go to an okay public university. The actual good schools cost upwards of $50,000 for a single year.[/QUOTE]
Yeah US education sounds fucking crazy. That said, I'm pissed off that not only are the current government fucking under 25s in any way they can, they're changing the deal. I've made a 4 year commitment to uni and they're changing the terms so if this continues my final year will be £10k, and for future students this will very quickly head towards US levels.
[QUOTE=NeonpieDFTBA;51575120][url=http://www.bbc.co.uk/news/education-38406733]BBC[/URL]
A day old but I had a look and couldn't see anything.
We live in a generation who will have debts they never expect to pay off in their whole lives, and that is normal.[/QUOTE]
Get educated on how our student loans work. Tired of repeating it every thread
[QUOTE=rampageturke 2;51575615]Get educated on how our student loans work. Tired of repeating it every thread[/QUOTE]
I am heavily aware of how my student loan works, and how it can be explained basically as a tax*.
*which doesn't apply to people with rich parents.
[QUOTE=NeonpieDFTBA;51575742]I am heavily aware of how my student loan works, and how it can be explained basically as a tax*.
*which doesn't apply to people with rich parents.[/QUOTE]
It also doesn't apply unless you make above like 26k a year, and then it's taxed out on a sliding scale anyway. Guess what happens if I only manage to find minimum wage part time employment here in the US with my loan? The government freezes my assets, garnishes my wages and I die on the street because I can't afford to pay for gas to get to work, for rent, and to eat. Oh no, poor you having ~30k pounds in tuition loans for a good part of your life is nothing compared to the loans you get here in the US, and our loans don't have any real protective measures. You have to go to court to get leniency in payments here, you can't even get your loan absolved in the event of bankruptcy. Imagine for a minute that you are so bad off you have to declare bankruptcy (not something people do lightly because it takes at least a decade to rebuild credit at all from that) and your student loan of all things isn't wiped with that. A student loan that for many people is going to cost more than a small house.
Higher Education should be nearly free or free, but to say that the UK loans are bad is laughable if you put it in perspective with other countries.
[QUOTE=F.X Clampazzo;51575799]It also doesn't apply unless you make above like 26k a year, and then it's taxed out on a sliding scale anyway. Guess what happens if I only manage to find minimum wage part time employment here in the US with my loan? The government freezes my assets, garnishes my wages and I die on the street because I can't afford to pay for gas to get to work, for rent, and to eat.[/QUOTE]
As I said above, the US system is awful and I do not think that I am worse off than an American student.
That said, life isn't a contest of which student is fucked the hardest, and the changes should be framed in the context of what came before, not other countries with worse systems. I feel I have a right to complain about the government changing the rules.
Depending on how much you earn, I can end up paying back around £100k+ in interest. Obviously, a lot of people never touch that but a) it's a huge amount of money when getting a house etc are already long stretches and b) I was told that my uni would cost £9k a year (by the government, by my uni and by my school) and the government not only changed it but hid the fact that they were.
[QUOTE=F.X Clampazzo;51575799]Higher Education should be nearly free or free, but to say that the UK loans are bad is laughable if you put it in perspective with other countries.[/QUOTE]
this isn't an argument, of course problems are gonna be laughable if you put it in other contexts. "i'm pretty sure someone living in an active warzone with nothing but rocks to sleep on is gonna find your student loan problems pretty laughable." see how stupid that sounds?
There's also the fact that it's basically the government shifting the costs to when the debts get written off and iirc it won't actually save them money, only move the cost to after their careers.
[QUOTE=NeonpieDFTBA;51575828]As I said above, the US system is awful and I do not think that I am worse off than an American student.
That said, life isn't a contest of which student is fucked the hardest, and the changes should be framed in the context of what came before, not other countries with worse systems. I feel I have a right to complain about the government changing the rules.
Depending on how much you earn, I can end up paying back around £100k+ in interest. Obviously, a lot of people never touch that but a) it's a huge amount of money when getting a house etc are already long stretches and b) I was told that my uni would cost £9k a year (by the government, by my uni and by my school) and the government not only changed it but hid the fact that they were.[/QUOTE]
It's deplorable that they're able to raise them for students already in university I do agree, it should be locked in from the first year you attend. Also can you pay them off faster if you wish in the UK? As in, can you pay more in or is it set and locked 100% to your taxes and you're unable to pay extra at any point toward the principle?
[QUOTE=F.X Clampazzo;51576183]It's deplorable that they're able to raise them for students already in university I do agree, it should be locked in from the first year you attend. Also can you pay them off faster if you wish in the UK? As in, can you pay more in or is it set and locked 100% to your taxes and you're unable to pay extra at any point toward the principle?[/QUOTE]
As loans go they're pretty alright, we can pay them back any amount we want without extra charges but the way things are that's basically never a good idea unless you're earning stupid money. Most likely it's just a 9% tax on anything you earn above 21000
Just gonna repost this;
[QUOTE=GordonZombie;51561813]Shame IS couldn't be vaguely useful and target May and her minions in the Conservative party fucking people over instead of random people who've had nothing to do with our government.[/QUOTE]
Ironic thing is that they'll do more harm to this country (in the long term, from an economic/social perspective) than the likes of Al Quaeda or ISIS ever could hope to do.
[QUOTE=F.X Clampazzo;51575799]It also doesn't apply unless you make above like 26k a year, and then it's taxed out on a sliding scale anyway. Guess what happens if I only manage to find minimum wage part time employment here in the US with my loan? The government freezes my assets, garnishes my wages and I die on the street because I can't afford to pay for gas to get to work, for rent, and to eat. Oh no, poor you having ~30k pounds in tuition loans for a good part of your life is nothing compared to the loans you get here in the US, and our loans don't have any real protective measures. You have to go to court to get leniency in payments here, you can't even get your loan absolved in the event of bankruptcy. Imagine for a minute that you are so bad off you have to declare bankruptcy (not something people do lightly because it takes at least a decade to rebuild credit at all from that) and your student loan of all things isn't wiped with that. A student loan that for many people is going to cost more than a small house.
Higher Education should be nearly free or free, but to say that the UK loans are bad is laughable if you put it in perspective with other countries.[/QUOTE]
we gonna see third world posters calling anyone in a better situation ungrateful or what?
like come on a discussion not involving your country doesn't need to turn into "but my country is worse" lol you don't see brits ranting at people mad about trump with "well we have an unelected leader so y u cryin"
[editline]25th December 2016[/editline]
happy holidays tho
Gotta love student loans in general, eh?
The way it works in the US, at least for me - is I pay $388 a credit hour, and I go 12 credit hours a semester for full time.
My mom makes too much, so I get little financial aid, and need to pay a fourth of it out of pocket.
This obviously adds to the fact that while I'm still in school, a portion of my loans are building up interest. Thankfully not all of it is, since some are subsidized, and some are unsubsidized.
By the time I graduate I'll have over $20-$25k in student loans, if I don't pay anything off early.
I'm lucky that I have a good job that allows me to afford to pay out of pocket, but if I didn't I'd be fucked.
Six months after graduation I need to start paying it off, and this is the same for anyone else in the US.
Issue is, it's the norm, and almost a requirement for many jobs. Just look at listings. You're almost required to get into debt in order to get most jobs.
Granted, this doesn't include trade skill jobs like electricians, mechanics, etc. But these jobs aren't really gone over in school, at least the schools I went to. So students feel really pressured that they have to go to College.
You sign a deal with the government for your tuition and then they fucking revise it in retrospect, it happened to my year of students and now it's happening to this years and onwards.
I got my email from the student loan company telling me all the details of how and when I have to start paying back and it was super depressing. They still hunt you down overseas as well. if I remember correctly if you were earning £8k in Russia you would have to pay 9% of that a year to slc :(
Still on my masters until September so no paying back yet ha
[QUOTE=Complifusedv2;51580395]I got my email from the student loan company telling me all the details of how and when I have to start paying back and it was super depressing. They still hunt you down overseas as well. if I remember correctly if you were earning £8k in Russia you would have to pay 9% of that a year to slc :(
Still on my masters until September so no paying back yet ha[/QUOTE]
I thought you didn't have to pay it back until you earned over £21k? They haven't changed it have they otherwise I'm screwed in the bum.
Post-9/11 bill and Hazelwood Act and military TA are a godsend. I feel for everyone who can't or won't consign themselves to military service though, college debt breaks many backs before it ever pays off.
While I agree that the system isn't great, one thing that hasn't been mentioned by anyone is the fact that the student loan gets wiped after so many years.
This is exactly the kind of Christmas present I expect our government to get us. Young people largely don't vote conservative, and they're in forever, so why should they bother even being slightly nice to us.
its absolutely insane. this semester i was in uni being taught two days a week for a total of less than 5 hours.
[QUOTE=carcarcargo;51580410]I thought you didn't have to pay it back until you earned over £21k? They haven't changed it have they otherwise I'm screwed in the bum.[/QUOTE]
I'm guessing the bar is different depending on how much they judge the cost of living to be. Fun fact, the £21k was meant to rise with inflation but the tories axed that, but don't worry, both the interest on your loan and the cost of uni [i]are[/i] tied to inflation...
Tuition fees is some of the dumbest shit ever, education in my opinion should always be free, makes me glad I dropped out at 16, even if I never get a decent job at least I don't have to deal with this mess.
Applying it to existing students is a massive kick in the nuts, I dunno about you but I'd not bend over and take it from these tory pricks.
[QUOTE=Chryseus;51581533]Tuition fees is some of the dumbest shit ever, education in my opinion should always be free, makes me glad I dropped out at 16, even if I never get a decent job at least I don't have to deal with this mess.
Applying it to existing students is a massive kick in the nuts, I dunno about you but I'd not bend over and take it from these tory pricks.[/QUOTE]
I mean, I can lobby my mp(s) and university but I can't exactly drop out especially as in the end my degree still makes financial sense.
[QUOTE=carcarcargo;51580410]I thought you didn't have to pay it back until you earned over £21k? They haven't changed it have they otherwise I'm screwed in the bum.[/QUOTE]
Yeh not until you earn over 21k in the uk, this is part of the email.
[IMG]https://puu.sh/t0DaI.png[/IMG]
[IMG]https://puu.sh/t0Dbb.jpg[/IMG]
Ah its over the 21k in other countries, my bad
[editline]25th December 2016[/editline]
Also Russia seems to have strangely grown in size
well this fucking sucks ass
already barely able to pay for 1 year, got 2 more years and they're just gonna bump up the price like it's nothing
fuck this shit man
4 year school in the US is a gigantic ripoff. Technical school is where its at. I got two associates degrees in 3 years, got out with around 20k debt, and a year out of school i was making 60k a year.
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