It's a shit idea. No-one needs to start their working life with that much debt, even before getting a mortgage. Under this new system suggested:
If you are rich, no need for a loan, no debt, no above inflation repayments.
If you are poor, subsidies and grants apply (yet to see much detail), small debt, relatively small repayments.
Whereas, if you fall in to the middle, which a large part of the population of England do, then you have a huge loan, massive debt and if you are lucky enough to get a half decent job you pay above the rate of inflation for it.
Now I am not suggesting everyone and anyone should get free higher education necessarily (since the daily fail and some of the other rags seem to equate disagreement with sponging lefty...), but I find it a bit fucking rich that the people making these decisions are all of the following:
- People who got their degrees for free (loans came in, in 1998 under Labour decided by people who universally did not pay a penny for their degrees).
- People who are a lot wealthier than the average citizen and therefore aren't effected, who generally can afford to support Timothy and Verity when they choose to piss about at Oxford for a few years.
- The same cunts that made education so wet and all embracing that everyone and anyone goes to uni, often for a doss on half-baked courses that should probably in all reality not be a degree course in the first place. Then all of a sudden "education is too expensive and damn it these kids better start paying through the nose for it".
Is it really surprising that higher education costs the country so much when you can get on to degree courses with pretty poor qualifications, "studying" subjects that didn't exist (for a good reason) a decade ago and spend as little time as possible actually learning with the paltry contact time most places offer now?
The UK isn't the US either so some newspapers columnists saying "the US copes with high costs" doesn't cut it really. In the UK you need a degree to do a large number of jobs, jobs that really shouldn't ask for a degree but do because everyone and their dog has one. In the UK there are very little in the way of true subsidies for less affluent students compared to the US; we just don't get the big money scholarships you guys do.
What they are looking at doing is restricting the numbers of would be university go'ers not by ability or intelligence, or any other academic quality. But by pricing most people out of it, making it a system that favours rich families and a lucky few who qualify for help yet still costing the taxpayer money.
To my mind doing a worthwhile degree (subjective but most people would agree that there are plenty of less worthwhile courses about currently) should take brains, be hard work and not cost the fucking moon. Plenty of the degrees about currently could be vocational courses or just shorter diplomas, etc. Let's face it, if you can learn something in 3 years at an average of 10-12 hours a week, you can learn it in 2 years and still not break a sweat. It would also go some way to making vocational skills more what they used to be instead of dressing them up as degrees and benefiting no-one. Yes I am looking at you 3 year degree in Hairdressing Management.