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£60,000 for a degree

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I was talking to someone whose niece was worried about not getting an university place and I came across this article. http://www.thisislondon.co.uk/standard/article-23833453-pound-60000-for-university-degree-as-students-are-forced-to-go-private.do
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  • ThinkingOfLinking
    ThinkingOfLinking Posts: 11,828 Forumite
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    ahai1 wrote: »
    I was talking to someone whose niece was worried about not getting an university place and I came across this article. http://www.thisislondon.co.uk/standard/article-23833453-pound-60000-for-university-degree-as-students-are-forced-to-go-private.do

    Wow. Makes me even more grateful to have got my place on a state subsidised course. :eek: £30,000 debt (just for my BA) is more than enough for me!!
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    I don't understand why people get into masses of debt in order to get a degree. Bonkers.
    Gone ... or have I?
  • I am starting a degree course in Sept (BA Hons Business) aged 28, I will be working full time and my course fees will be £1,350 per year so aiming to have zero debt at the end of it.

    I feel really sorry for those just leaving school/college and trying to afford the costs associated with going to university.
  • ahai1
    ahai1 Posts: 1,589 Forumite
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    It is more than the piece of paper and I don't regret going to university. Those fees are nothing compared to the Ivy League.
    dmg24 wrote: »
    I don't understand why people get into masses of debt in order to get a degree. Bonkers.
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    ahai1 wrote: »
    It is more than the piece of paper and I don't regret going to university. Those fees are nothing compared to the Ivy League.

    You do not appear to have read my post! Getting a degree does not have to mean getting into debt.
    Gone ... or have I?
  • ahai1
    ahai1 Posts: 1,589 Forumite
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    Sorry I misunderstood it. I agree you don't need to get into debt. I lived at home when I was a student.

    A lot of students expect money to turn up magically from the SLC at the beginning of term and for it to never end.

    Now going back to the article. I wonder how many are willing to pay?
  • I went to uni 2005 - 2008. I came away with roughly £10,500 of debt, but my parents paid my tutition fees because they were only £1,200 a year then. If I include those, my years at uni cost me about £14,000. My sister has just finished her first year and will come away with fees totalling about £30,000. My parents can't afford to pay her tutition fees because they're £3,000 a year.

    It's ridiculous how much it costs to go to uni now.
    dmg24 wrote: »
    I don't understand why people get into masses of debt in order to get a degree. Bonkers.
    For me, it was never just about getting a degree. Obviously, I went to get one, but I also went to meet new people and try new things. Best 3 years of my life.
  • ahai1
    ahai1 Posts: 1,589 Forumite
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    The tuition fees are not the real cost of the degrees. They are still subsidized by the government. Cable wants people to go private so that they can pay full fees. http://www.guardian.co.uk/education/2010/jul/15/higher-education-universityfunding
  • olly300
    olly300 Posts: 14,738 Forumite
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    dmg24 wrote: »
    You do not appear to have read my post! Getting a degree does not have to mean getting into debt.

    So how people suppose to pay their tuition fees if they are parents who aren't wealthy and do a scientific, technology, engineering or health course where the course taught and lab/clinical hours are equivalent to working full time?
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • ahai1
    ahai1 Posts: 1,589 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They can pay by doing things like getting a loan. The thing is that free education is now over and it is not going to go back to the way it was.

    Anthony Giddens in his Sociology textbook says that the university sector in Britain had as many students before the war as there were lecturers in the 1980's.

    As the numbers rise the government cannot afford to fund it so the students are going to fund it.

    That is the reality of it but we can argue whether it is right or not but at the end of the day it is not going to make much difference.
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