Labour 'aim' to wipe £100bn student debt

Discussion in 'Western Europe' started by cerberus, Jul 10, 2017.

  1. cerberus

    cerberus Well-Known Member Past Donor

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    First the good news . . .

    "Labour's "ambition" is to write off all student debt, which would cost £100bn, shadow education secretary Angela Rayner has said."

    I should jolly-well think so too, seeing as all politicians had theirs paid by the taxpayer.

    Now the bad news . . .

    "The Labour MP said it was a "huge amount" and the party would not commit to doing it "unless we can afford to".

    [​IMG]

    FFS you couldn't make up this ****!

    http://www.bbc.co.uk/news/uk-politics-40547740
     
  2. Bear513

    Bear513 Banned

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    From you link...


    He blamed "greedy" university vice-chancellors, who successfully lobbied the coalition government to increase the £3,000 cap on fees to £9,000
    .




    You guys have the same problem over there as we have here




    .
     
  3. vman12

    vman12 Well-Known Member Past Donor

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    Don't forget, these are the same people who don't understand how raising minimum wage causes people to get less hours, less benefits, or lose jobs.

    They can't do simple math, it's all about the feelz.
     
    Baff likes this.
  4. vman12

    vman12 Well-Known Member Past Donor

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    Makes you wonder why liberal colleges are so greedy.

    They talk about the 1%. Academia IS the 1%.
     
  5. The Rhetoric of Life

    The Rhetoric of Life Banned

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    I've borrowed £6, 000 in student fees per year. So far that's £12, 000 in tuition alone.
    That's not including the money I receive to live off, that's just money the school sees, £6, 000 per year for my course.
     
  6. lunecat

    lunecat Active Member

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    I remember when we had our University fees paid for & the LEA would give you a grant from which to live. My father's employer also offered to make up the difference between the LEA grant and the full amount of the maximum grant. But that was back in 84-87 when only ~3-4% of 18yo when to University. Back then there were only 20-30 true "Universities" now any establishment can call itself a Uni and any Tom, Dick or Harry with two E's in art and global warming studies can get a University place.

    Times do change and sad to say so has to the grant system.

    I think we as a Nation ought to concentrate on "proper degress from proper Universities" and as a tax payer I would be happy to fund say a science degree at Manchester and not a poetry-with-climate-change degree from the University of some no-name town.

    Just a thought
     
  7. Baff

    Baff Well-Known Member

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    My sister got a grant for her university fee's. 2 years later, my father was considered too rich for me to be eligible for one.
    Not that I had any desire to go and certainly he had no desire to pay to send me. In those days, you could not get a bank loan for such things. It was pre-debt bubble.
    I could have worked my way through school. If I had wanted it, I should have gone. My further education was and still is, self funded.

    Today I would like to see scholarships. The best students get free places. Other students?
    Don't want them to end up like our current generations of 30 some things. Saddled with crippling debts and no particular high paying job prospects. A lost generation of university educated going no where's. Still living with mum. Working menial jobs. Living abroad to avoid repayment and so on. Living in fear of their debts.

    University? Higher education, it's not for every one. My father left school for work at the age of 11.
    My cousin and his father both left at 16. All three of them went on to become self made millionaires.

    University, the professions, may be the route to your financial improvement. Equally, it may not be.
    Today we have a surplus of "unemployed middle class" and have to import our working class because we have a massive shortage of them.
    This system is well overdue a tweak.
     
    Last edited: Jul 16, 2017
  8. The Rhetoric of Life

    The Rhetoric of Life Banned

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    I myself have a grant and a student loan AND I've also borrowed to pay my school.
    £6, 000.00 a year my school sees because of my loan.
     
    Last edited: Jul 16, 2017
  9. Baff

    Baff Well-Known Member

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    More power to you Mr. You work too, you have strong ethic. You will still need luck so even with the best weighting you can add to your own dice... no win is guaranteed. Enjoy the journey!

    I've just finally scored an apprenticeship for CGI. I just can't face the idea of paying for education. I'm prone to teaching. I expect education to pay me.
    It took me about 2 years to land this one. They tried all the other guys first!!! Obviously. Bah. Art students and the like.
    But I have a robot mode. I am cheaper than a robot. (For the moment).
    Being a student again. Totally suck at that part. I'm a learning master. A teacher. But giving orders is way easier than taking them.

    Long time coming. Work from home. Art factory stuff.
    Pays food and rent. F me. Just in time. 2 weeks from homeless and back in the game!
    I'm celebrating.

    New trade skill, new possibilities unlocked, All things achievable from here.


    Have you got a third year to go then? If so, what are you studying?
     
    Last edited: Jul 16, 2017

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