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May 26 2022 2.54pm

Marine Le Pen

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 3.27pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Wisbech Eagle

The vast majority will never pay it back. It gets wiped after 30 years! It's not really a "loan". It's much more a tax for the highest earners to have benefited from a university education.

Which ponders the question why? Itís such a success that graduates donít earn enough to repay the amount borrowed.

 


COYP

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View PalazioVecchio's Profile PalazioVecchio Flag south pole 27 Apr 22 2.04pm Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

Sending all kids to Uni ? The modern equivalent of military service..... just a time-wasting exercise.

 


7 points from Manchester this season

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View Wisbech Eagle's Profile Wisbech Eagle Flag Truro Cornwall 27 Apr 22 3.44pm Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

Originally posted by Rudi Hedman

Which ponders the question why? Itís such a success that graduates donít earn enough to repay the amount borrowed.

Because not every job which demands knowledge and training at degree level is well paid. Education is not all about money.

Take nursing as an example. Nurses now need to obtain a degree to be qualified, and no longer get grants to do so. The course fees are £9250 per year for 3 years, during which time they also need to pay for housing and living costs. Most now take a student loan to cover these costs.

Those who reach the highest levels in the profession will pay the loan back, but the vast majority, who stay on Band 5 or 6, never will, and it gets written off after 30 years.

It's not really a loan. It's a form of taxation on those who benefit most from their degree.

 

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