zlb
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Post by zlb on Nov 20, 2018 21:21:37 GMT
On the news today, plans to introduce 2 year degree courses. Rather than studying 3 years (@ 30 wks/yr?) at maximum of £9,000/yr tuition fee, idea is to allow 2 year courses with 45 wks/yr (50% increase) and maximum of around £11,000/yr tuition fees (20% increase).
Why are fees any business of the government? Why not let the market decide?
'the market' have been permitted to use plastic for anything and everything...
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zlb
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Post by zlb on Nov 20, 2018 21:25:02 GMT
l support that idea myself (having not come from money), but seems to be the case currently that those who earn relatively little after graduating never pay off the fees anyway (and I believe the debt is cancelled after something like 30 years). Suspect that would remain the case even if fees were higher.
The disgrace imo with the current system is the %APR charged by the government.
Totally agree. It's a tax for the less well-off in all but name. To think - I thought I was being ripped off paying £1,025 per year when I went because my dad was paid to go! didn't they put the interest rate up after it was revealed that wealthy families were using it to invest and make more money because the interest rate was low enough to do this?
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cb25
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Post by cb25 on Nov 22, 2018 9:20:03 GMT
The government is providing the funding for fees through student loans. Appears the government decided to sell off a chunk of the loans for a pitiful price.
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