[UK] Tuition Fee Rise, including for existing students, of £250 'sneaked out'
44 replies, posted
[QUOTE=NeonpieDFTBA;51575120]We live in a generation who will have debts they never expect to pay off in their whole lives, and that is normal.[/QUOTE]
Very few people* will be outlived by their student loans though.
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[I]*In this country[/I]
[QUOTE=PsiSoldier;51582868]Very few people* will be outlived by their student loans though.
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[I]*In this country[/I][/QUOTE]
Working lives then, seen as it's pretty much retirement age. Obviously we won't actually get to retire but it's basically a tax which the rich can buy their way out of early.
[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]
Just because you Americans have it worse doesn't negate the fact that the situation in the UK is bad.
Same old "people are starving in Africa" argument.
My god... Does this only count for UK and European Union students? I was super lucky Brexit happened, already pay around 16 000 quid a year and that's only fees for uni. Still gotta pay for halls/apartments... If Brexit didn't happened I would have had around £300 to live for in an entire year. But thanks to Brexit, I got arpund £4000-6000 quid, which I have to save for god incase the quid goes up greatly again...
As a student in Year 1 of Nursing...........fuck you Government.
Upping the tuition fees, then having us work until we're 70.
god fuck this is so stupid
im never gonna pay back this shit, how can i even
Huh, considering how much crap is in my country, at least we have free education
I'm doing a 5 year course, my debt is going to be about 46k+ anyway so what ever looool
If I was more educated about the loans when I made my application to university, I probably would not have gone. Unfortunately I am 1.5 years and £20,000 in, so it'd be stupid to drop out now. For instance, I did not know that you would gain interest on the loan whilst you were still studying, effectively increasing tuition fees by a £1000 a year.
[QUOTE=Simples;51588597]If I was more educated about the loans when I made my application to university, I probably would not have gone. Unfortunately I am 1.5 years and £20,000 in, so it'd be stupid to drop out now. For instance, I did not know that you would gain interest on the loan whilst you were still studying, effectively increasing tuition fees by a £1000 a year.[/QUOTE]
Why would you not have gone? What difference does it make?
If you don't earn about the threshold, you pay nothing back. If you do earn about, the amount you pay back is very very little until either it is entirely paid off, or it's wiped. It does essentially work out as a tax, but oddly enough all the resources and expertise required to train the next generation to the necessary standard is - shockingly - not free. The system needs money back into it somehow.
I managed to bag myself a reasonably paying job with the degree I gained, and I consider paying back the money I spent on my education as a duty. You can't just expect everything for free.
Also - what interest level is this that you're putting £1000 onto £9000 a year? Did you just make that up?
[QUOTE=a dumb bear;51588592]I'm doing a 5 year course, my debt is going to be about 46k+ anyway so what ever looool[/QUOTE]
With the minimum maintenance loan and tuition fees my loan will be around 60k at the end of my 4 years. Are you factoring for interest?
[editline]27th December 2016[/editline]
[QUOTE=Matriax;51588645]Why would you not have gone? What difference does it make?
If you don't earn about the threshold, you pay nothing back. If you do earn about, the amount you pay back is very very little until either it is entirely paid off, or it's wiped. It does essentially work out as a tax, but oddly enough all the resources and expertise required to train the next generation to the necessary standard is - shockingly - not free. The system needs money back into it somehow.
I managed to bag myself a reasonably paying job with the degree I gained, and I consider paying back the money I spent on my education as a duty. You can't just expect everything for free.
Also - what interest level is this that you're putting £1000 onto £9000 a year? Did you just make that up?[/QUOTE]
The way I see it I should pay for it the same way people pay for other government services: through the tax I pay. If they want it to be a tax, they should make it one rather than designing it so their kids can be bought out of it.
[QUOTE=Gary D;51575201]Yup. Thank fuck it's free for us![/QUOTE]
Well its not completely free. You take a SAAS loan that you have to pay back at a later date when you earn over a certain amount.
I can't imagine anything like this. I've got a Bachelor and a Master's degree and I'm in 0 debt. More governments really should invest more in higher education.
[QUOTE=cricket50;51581159]its absolutely insane. this semester i was in uni being taught two days a week for a total of less than 5 hours.[/QUOTE]
It's certainly ridiculous, the amount we pay when there are no guarantees for what we actually get. In my experience, universities will spend as little money as they possibly can, and lecturers are total dice rolls for quality. What this means is that university is a very expensive endeavour with a ton of unexpected costs for resources, and after that you may be stuck with having to deal with useless, apathetic staff who might not even show up for the few hours a week that you're scheduled to see them.
Of course my experience is limited though, I imagine that if you pick a good one that excels at your specific course, it could be very worthwhile and useful, although worth nowhere near over £9k a year. Also, good luck picking the right one based on what they choose to tell you and in an area that is affordable for you to move to.
Naturally, you don't have any of these worries when you're born into a wealthy family, which is precisely how the tories like it, I would imagine.
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