Government stuffing young people again, student loans

[Binjob118]

Great day to bury the news that from next year student loans will be repayed over 40 years instead of 30. This makes a massive difference. Hate this government and Tony bloody Blair for stopping free tuition. Of course, won't affect all the rich kids who never take out the loan. This on top of impossibility of young people ever being able to buy a home makes me want to scream. Totally screwed. Certainly don't think IABU!!

I agree with a lot of what @MarshmallowSwede said.

But Sweden, Netherlands etc have relatively tiny populations. The UKG could afford to fund university education when it was just the most academic that attended but it would be unrealistic at the moment as most kids would end up going and the number of "Micky Mouse" degrees would increase and their value decimated even further.

A young relative of mine attended state school on the continent and they were streamed at 11 or 12 into academic schools and technical academies depending on ability - similar I suppose to the 11+ here. I don't think that's a bad system personally but I would imagine there are a lot of critics of it.

I wish I knew the answer.

Disclaimer: none of my kids have any strong academic aptitude and hence I will not be encouraging them to go to university unless they of course express a burning need. They will likely be looking at college and apprenticeships.

It shouldn't be 40 years, the debt should continue indefinitely, if you die before it's paid off it should be counted against your estate like other debts.

Mickey mouse degrees !! I bet all the people who call them that have no idea what the actually course content is whatsoever
Also why do people feel they have to put others achievements and dreams down all the time
I wouldn't look down on a cleaner or someone at uni doing a course hoping it will lead to a career in something , both are people working and trying to get through life

@Biker47 why ? Because you think so , that may be fair if the interest was fairer and the fees fairer or grants given to low income students more
In your eyes only the rich should go
You realise teachers and poilce officers and paramedics , nurses all need degrees now and will likely never earn enough to pay it all back especially if taken full maintenance loans because parents are not rich enough
Where would we be without all of these

@labyrinthlaziness

I am not against having an educated youth. You are missing my point entirely.

If you want to go to uni, great. But you pay for it yourself via a loan. And you pay that loan back yourself.

If we have a massively educated youth society that's absolutely brilliant. But if these people are all hugely educated as you say, they shouldn't have a problem getting a good job and paying back their loan should they?

@THisbackwithavengeance yes they have smaller populations so less people paying in we should have more or is that maybe some of our problem we have a lot taking and not paying in.

@Frankola is a teacher not a good job and a needed job? You know the average wage of a teacher right ? They are unlikely to pay of a student loan
Lawyers etc may , city bankers etc but your average job that requires a degree like teacher , nurse , poilce officer , paramedic prob won't

@THisbackwithavengeance I have an issue with it.

Streaming in this country is and has always been linked to social class. That also includes when you look at immigrants who appear to be from working class backgrounds. This means their are few outliers.

Then again I have only studied with mature students and people who were refugees.

@worriedatthemoment they chose to go into the public sector where pay is lower. They have to deal with the consequences.

'The College of Policing really wants to emphasise that you do not need a degree to become a police officer'.

[quote worriedatthemoment]@Frankola is a teacher not a good job and a needed job? You know the average wage of a teacher right ? They are unlikely to pay of a student loan
Lawyers etc may , city bankers etc but your average job that requires a degree like teacher , nurse , poilce officer , paramedic prob won't [/quote]
Teachers etc don't stay on their starting salary for long. If they remain full time and work up through the grades, they could well earn enough to fully repay their student loans.

The "trouble" is with those who only work a couple of days per week or don't want to work through the grades, so stay on pretty low wages for their working life. That's a lifestyle choice.

I'd argue that the rates of repayment and threshold should both be lowered so that the lower paid/part time workers also pay at least modest amounts off their loans.

@downtonabbeyfan1234 really ! So when there are no teachers or paramedics that will be ok will it
Also to be a police officer yes you pretty much have to do a degree or a policing course ( still uni related ) but guess we don't need them either
Or we could pay the public sector a lot lot more to cover those loans of your happy to pay a lot lot more tax that way as well
Why are people either jealous that others go or rich enough that they can afford it so give zero crap about others
What about our huge benefit bill ? Wouldn't you rather see some of them paid to go to higher education and get a job rather than none at all

I think we need to roll back to the time pre Blair/Brown and reconsider whether degrees are actually "necessary" at all for so many jobs/careers.

There are so many jobs/careers that didn't previously "need" a degree and we should honestly review why they do now.

If it's just a mechanism for selection, then that's lazy from a HR point of view and needs to be stopped and replaced with a more appropriate selection process.

@worriedatthemoment

Also to be a police officer yes you pretty much have to do a degree or a policing course ( still uni related ) but guess we don't need them either

But why? It may be the case that it's the case, but what logic/rationale is behind that decision? We've managed perfectly well for decades, if not centuries, with police not being a degree career, so why has it suddenly changed??

@user1497207191 people become parents are they can't all go higher up there area only so many positions available for this
The teachers i know that have gone up are on £36-38 k after being teachers for 10 years , thats not a great wage compared to a lawyer
The cost of living and houses is so high as well so that doesn't go far
Lets hope everyone gets their wish and no one goes to uni to do these jobs , lets see where we are then

@user1497207191 I have no idea why its changed but its the reason my da is going to uni as he can't get in another way
Maybe before they bring in all these measures and upped fees etc they should of looked at more apprenticeships. , on the job training , maybe p/t uni but alongside the job
But they haven't and people wonder why more go to uni
It prob doesn't actually cost the average tax payer that much compared to many things we waste money on
Im encouraging my dc to go to uni then look at emigrating as their is nothing here and we don't value out young or old here

I understand the need for the tuition fees, but what I don’t understand was the need to increase them?

There is a “recruitment” video for my local university (bottom of the heap) which mentions nothing about the courses or academics, merely shows young people out on the tiles, carousing with friends and drinking coffee. Some of these institutions do simply “recruit” and do not “select”. And these kids are not doing degrees in Golf Studies which I agree could be useful, but Law. Law with 2Es. Also Journalism! Might as well study Blockbuster Video Management.

Some very selfish people on here not seeing the whole picture
Student loan debt went up hugely when we allowed the fees to go up to nearly £10000 surprise surprise
Scotland can still offer free uni though
Our students come out with some if the highest student loans and then we wonder why they can't be paid back
People blaming those getting the degrees rather than the system
Be interesting to see how much it actually costs each individual tax payer compared to many other things we pay for out of our taxes

And, furthermore, during the pandemic there were HE staff (apparently from “newer” establishments) posting with glee about the future was on-line and they could just put up their old lectures and not have to deal with pesky students. These places want kids in their fancy halls of residence but are offering a cut-price academic experience.

@DottyHarmer a few isn't the whole profession and there were many on furlough in jobs who could of really worked as well taking the piss , whilst many had to work through , like teachers, paramedics , police officers , nurses

But Sweden, Netherlands etc have relatively tiny populations.

They had have fewer young people but they also have fewer taxpayers so it shouldn’t make a difference .

@DottyHarmer can you link the law course that lets you in with 2 E's please

@cyclamenqueen exactly or is that the issue we have too many taking and not enough tax
We have loads on universal credit because wages are so poor we have go top up for people to live
We have so many bigger problems that kids going to uni we really do

[quote worriedatthemoment]@user1497207191 I have no idea why its changed but its the reason my da is going to uni as he can't get in another way
Maybe before they bring in all these measures and upped fees etc they should of looked at more apprenticeships. , on the job training , maybe p/t uni but alongside the job
But they haven't and people wonder why more go to uni
It prob doesn't actually cost the average tax payer that much compared to many things we waste money on
Im encouraging my dc to go to uni then look at emigrating as their is nothing here and we don't value out young or old here [/quote]
Previously training had to be paid for out of the police budget. This way the training is paid for by the trainee albeit vis the student loan system.

@cyclamenqueen i see and guess as we have cut police budgets this had led to where we are now
Yet people still will blame the students rather than the system or look at the bigger picture or why so many now go to uni and what for