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Petition for reduced student loan interest next year

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    whatever the rights and wrongs, in the current climate of public sector cuts and tax rises, it does seem a little unlikely that any political party will be leading their manifesto with this one.
  • malkie76
    malkie76 Posts: 6,170 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    hstudent wrote: »
    You do realise that many European and Asian national students studying in the UK usually get given funding, not a loan, of up to £7000 a year including their tutition fees paid. I hope you also do realise that American salaries are significantly higher than British ones so a couple of thousand is nothing to a lot of Americans.

    Can you support these claims with some evidence ? I'd be very interested to learn more on these subjects.

    The student fees for overseas students is far higher than UK (an EU) students. These costs typically are covered by the Government of the overseas students who want to improve their class of citizens by sending them to the UK for a better standard of education. (with the hope they return to their native country and share their knowledge).

    I don't believe the UK fund overseas students to come and study in the UK to the tune of £7k, but I'd be very interested to learn more on the matter if we are (ie can you provide some evidence?)

    Also, I'd appreciate you qualifying your remark that US salaries are "significantly higher than British ones" - is that across the board, or only in certain positions or industries ? (ie can you provide some evidence?)
    Legal team on standby
  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    If you dont earn a certain salary do you not, not pay it back?
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    0% interest sounds pretty good to me. Just wait until you join the real world. Nobody is forced to go to university. It is a decision made by an adult who has weighed up the costs and benefits. I did it part time while working to avoid debts. Might have more sympathy if the full time students hadn't spent so much time and money in pubs and clubs.
    Been away for a while.
  • vaporate
    vaporate Posts: 1,955 Forumite
    edited 12 January 2010 at 5:45PM
    PNPSUKNET wrote: »
    If you dont earn a certain salary do you not, not pay it back?

    If you are unemployed, drop out of uni, fail degree, or pass degree or pass/fail HND earn less than 15k a year, then you pay nothing back until you earn over 15k. (sorry if it came out confusing but that is the gist of the idea)

    Make sure you keep the SLC informed though.
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  • vaporate
    vaporate Posts: 1,955 Forumite
    0% interest sounds pretty good to me. Just wait until you join the real world. Nobody is forced to go to university. It is a decision made by an adult who has weighed up the costs and benefits. I did it part time while working to avoid debts. Might have more sympathy if the full time students hadn't spent so much time and money in pubs and clubs.

    And 'adults' in the working world don't?

    Stereotyping.
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  • vaporate
    vaporate Posts: 1,955 Forumite
    hstudent wrote: »
    You do realise that many European and Asian national students studying in the UK usually get given funding, not a loan, of up to £7000 a year including their tutition fees paid. I hope you also do realise that American salaries are significantly higher than British ones so a couple of thousand is nothing to a lot of Americans.

    I seriously doubt your post.

    As far as I am aware, foreign students pay £7000 a year in tuition fees.

    I could be wrong, but I'm sure I read that somewhere.
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  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    vaporate wrote: »
    And 'adults' in the working world don't?

    Stereotyping.
    I don't. And you're forgetting, I've seen it first hand.
    Been away for a while.
  • vaporate
    vaporate Posts: 1,955 Forumite
    I don't. And you're forgetting, I've seen it first hand.

    Does it matter?

    Some do it to release pressure from having to pass.
    Some do it purely to relax
    some 'idiots' do it purely to cause trouble.

    It is unfair to brand all students as pi$$ heads. ;)
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  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    by way of an example

    the tuition fees for overseas students for an undergraduate course at Manchester Uni are

    Arts course 11,300 pa
    science course 14,200 pa
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