You got what you voted for..............

[RoisinD]

and still not happy. The sense of entitlement.

twitter.com/ColinBrowning14/status/1227906931450425344

Why do you need to feel its a parody?

Its a totally logical calculation because we don't consider upfront costs,discounted cash flows or net present value for non graduates either

Those who don’t go to university will not have the upfront costs and loss of earnings experienced by those that do fo University. Opportunity costs should be factored in too.

That’s a very loaded question Listening.

It just doesn’t look, smell, or sound genuine to me. I am confused that anyone thinks that Schiphol post could possibly be in earnest.

Don’t worry. There is plenty of genuine stupidity out there to get annoyed about if you look. Although, I think we are looking at two or three decades “out” before we rejoin, so I’ve opted for maximum possible zen myself!

Take a look at

www.bbc.co.uk/news/amp/education-46345527

Not a lot of benefit from a University degree according to BBC.

I’ve read back through his past tweets. It’s hard to tell if it’s a parody or not.
Look at the comments in your local paper, they can’t all be parodies.

Those who don't go to university can incur costs and loss of earnings too.

You just desperate for that statistic not to be true.

It is

Yet on average both men and women who are graduates earn more ?

Average being the key word. Does that mean about half of graduates earn less than those who aren’t graduates?

"You got what you voted for....." Erm....yeah....kind of the point of a democratic society.

Those who don't go to university can incur costs and loss of earnings too

Anyone can incur loss of earnings if they become unemployed. If car manufacturing in the UK goes down the pan there could be over 800,000 job losses, graduates and non graduates included.

Loss of earnings I referred to was the time taken to complete university education. Two years for A levels, three or four years at University. Maybe longer if people stay on for M.Sc or P.Hd.

@Mlou32

Exactly.

Who cares if passport control takes a few minutes more. Just more desperation from remain supporters who think they know better.

No it compares the average earnings of the non graduate and the graduate.

Of course there are some none graduates earning more but this is not representative of all the data.

ONS data shows that the median earning of the graduate is about 10k more than a non graduate.

The Department for Education and Skills model accounts for student loan repayments and periods of unemployment and still comes out with higher earnings.

By the way all the data shows that economists earn a lot!

Shall we account for loss of earnings for apprentices? Or for those who undertake contracts as a trainee for anything? How about accounting for business start up loans?

Shall we factor in opportunity cost for those who chose not to go to university? Loss of potential earnings there ?

ONS data shows that the median earning of the graduate is about 10k more than a non graduate

Hardly startling. Especially if that is gross. Subtract tax and national insurance, the net is much lower.

By the way all the data shows that economists earn a lot!

That’s what I said on another thread a while back. One of UK’s big mistakes is that it rewards failure.

Irresponsible lending by banks was not punished. Fred the shred was released from RBS, but was given a massive pay off.

Only time justice was done was when Nick Leeson went to jail for toppling Barings Bank. He earned a fortune as a non graduate.

Compare UK data to Germany and you will see economics well down the list in terms of earnings in Germany compared to science and engineering. However, they have a much stronger economy. Wonder if there is a connection?

"subtract tax and national insurance" yes another attempt to fudge the figures.

Its easy to do that.

A little scan of the data for Germany still puts investment banking in the top 3 earning professions.

Shall we account for loss of earnings for apprentices?

There is no loss for apprenticeship. In UK if you want to leave school before 18 you either do an apprenticeship or recognised vocational training.

If there weren’t doing an apprenticeship for a wage (very low admittedly) they would be on a training course possibly being paid nothing.

How about accounting for business start up loans

All startup costs should be included when preparing business plans. This was another failure of banks. They weren’t interested in the quality of the business plan, but more interested in the quality of the security of the collateral the entrepreneur could offer for the investment they were seeking.

For me that’s not investing, but being a pawnbroker. Japan’s banks took a different view. They were prepared to offer up to 75% if they thought the business plans were good. It meant that the banks owned 75%, but at least the businesses were given the chance.

Shall we factor in opportunity cost for those who chose not to go to university? Loss of potential earnings there ?

Would have thought that was all taken into account when the figure of £10K per year graduate premium was calculated? If not then where is the like for like comparison?

Historical data may show there is a graduate premium, but does not make it a certainty in the future. If anything the UK’s policy of 50% shall go to University was detrimental to any graduate premium as employers have massively more to choose from and so can drive salary down.

subtract tax and national insurance yes another attempt to fudge the figures

Is the £10K gross or net?

A little scan of the data for Germany still puts investment banking in the top 3 earning professions*

Investment bankers or economists?

.

@TrixieTheWhore

Solution is simple.

Vote for Bre-Entry at the next election.

There is a loss for apprentices you could be working full time and earning more, apprentices get a minimum of 3.90 p/h less than the minimum wage for their age.

The waffle you have spouted about banks is just rubbish. If we take into account student loans for earnings for graduates we take into account the cost or borrowing for non graduate sole traders.

An economics degree puts you in the top 5 or earners in Germany, only going down to 7th when combined with business.

If you want to talk gross or net I think we should add in the cost or net benefits in kind provided by the public purse. You'll find your graduates come out better here too.

Like I said trying to fudge the figures anyone can do.

But nothing has changed. Queue for immigration at Schiphol is often like this. We have always been non-Shenghen.

What exactly is the brexit you voted for Colin?

Most people still have an EU passport though do autos will be fine. Colin must have held out for a blue one.

There is a loss for apprentices you could be working full time and earning more, apprentices get a minimum of 3.90 p/h less than the minimum wage for their age

Was referring to those who start apprenticeship at age 16 instead of staying on at school.

My ex did an apprenticeship at local care home. She was working 12 hours per day 4 days per week.

we take into account the cost or borrowing for non graduate sole traders

Since when have all non graduates been sole traders?

An economics degree puts you in the top 5 or earners in Germany, only going down to 7th when combined with business

So why don’t you move to Germany? However, be aware that German taxes are high.

If you want to talk gross or net I think we should add in the cost or net benefits in kind provided by the public purse. You'll find your graduates come out better here too

Last time I had tax deducted from warnings was in 1988 which was last time I worked in the UK. So have difficulty reconciling net with gross.

Under the current Statutory Resident Test, I can be in the UK for 91 days per tax year before foreign earnings catch the eye of HMRC. UK source income is subject to UK taxation, but as it is provided mostly by UK taxpayers it feels very like the UK government paying me.

Lols at the poster suggesting it’s a parody. Sadly it’s very real. Did you scroll back and read dozens of previous tweets? Why is colin re-tweeting those sources he does with not a shred of “parody”?

Parody is funny. This guys just a muppet.