Can anyone explain and say how much roughly uni costs will be and what savings they will need

[Willbeatjanuaryblues]

If they have their own isa with 30 grand in it or more will they qualify for students loans or will they have to use their own savings.

And is there an amount to aim for or a threshold of savings. I have tried a quick Google and I'm not really getting anywhere.

reallybadidea
those on lower incomes who take longer to pay them off
current estimates are that 60% of student loans will be written off after the 30 years
only the VERY well paid pay them off in full
the low paid never repay anything.

Snout I think there should be hefty taxes on financial gifts over a certain amount and assets after death go back to the local authority or something along those lines.

If those gifts are out of already taxed income, then surely taxing them twice is unfair? If my assets were to go to the local council I'd spend the fecking lot on a series of non stop round the world cruises or young men and very fast cars.

If you take away part of the incentive to work and achieve, which is to give your kids a better hand up that you had yourself, then why would anyone bother?

If people can choose to spend their money on cigarettes, alcohol and hard drugs, why can't we spend ours on our child? If you have earned it, and managed to save some, surely it is down to the individual how it gets spent, or to whom it is left?

then surely taxing them twice is unfair?
Everything is taxed multiple times.
Its about time the UK balanced wealth and income taxes

Snout people have all sorts of advantages and disadvantages thrown at them.

Money is one. Not the only one.

Ta1k Good luck with balancing the taxes! As we've paid out of income for ds's university costs, and don't have huge inherited wealth behind us, the main asset will be our house, and as we plan to downsize in our late 60s/early 70s and make use of any equity that might be released, then there won't be much left to tax.

Snout Equality of opportunity doesn't mean equality in outcomes. Show me two kids who have had the same education and broadly the same upbringing and I can show you a world of difference in what they achieve in life.