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Huge student fees to limit house prices further?

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Comments

  • Lokolo wrote: »
    What subject is that can I ask?

    Well, anything, really for a first degree, but we are Chambers (barristers) so mostly law.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Well, anything, really for a first degree, but we are Chambers (barristers) so mostly law.

    Ha well that would be why then :p I was think Doctor/Medicine type area.
  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    I wonder how it will affect migration around the country. I chose to study within 12 miles of my parents home so just drove backwards and forwards in my trusty mk3 Escort. Some of my siblings decided to go further afield. My brother studied dentistry in Birmingham for example. Even although my parents did help him to a certain extent they were not/are not particularly well off so his loan at end of course were huge and probably still are despite earning an above average wage. I wonder if the need to also borrow for course tuition would of affected his choice.

    I think for us my parents could provide a home, food for us all and when 17-18 a 10 year old car for independence. If I had to do it all over again and I had the option of studying close to home, minimal paid employment working my bum off and getting a 1st or going to a better university, having to work more to supsidise living costs/reduce debt liability and possibly mucking up my course and maybe getting a 2.1 or even a 2.2 plus having 21k+ of debt then really I would rather stay close to home.

    I would hope my kids will do too. I can provide a warm and comfortable home, food and maybe even an old banger of a car but really I cannot cover 21+k for university times 3.

    I actually fancied being a games designer at one point. I blame grand theft auto :)
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    LilacPixie wrote: »
    ...(deleted for space sorry).

    I think for us my parents could provide a home, food for us all and when 17-18 a 10 year old car for independence. If I had to do it all over again and I had the option of studying close to home, minimal paid employment working my bum off and getting a 1st or going to a better university, having to work more to supsidise living costs/reduce debt liability and possibly mucking up my course and maybe getting a 2.1 or even a 2.2 plus having 21k+ of debt then really I would rather stay close to home.

    I would hope my kids will do too. I can provide a warm and comfortable home, food and maybe even an old banger of a car but really I cannot cover 21+k for university times 3.

    I actually fancied being a games designer at one point. I blame grand theft auto :)

    I am the complete opposite! I hate studying and learning, but I love having jobs. Although I am young (:D) I have had a number of partime jobs and I have made the most out of all of them. Loved them to bits. Although I don't have a job this year (final year eek), I am still tempted to get one.

    As for staying at home, I hate my local town, so I couldn't wait to leave ;)
  • vivatifosi wrote: »
    Have you seen Martin's weekly newsletter? Your bete noire (apologies but don't know how to get a circumflex) may just make an appearance.

    Perhaps I should avoid it, for the sake of my health.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • toby3000
    toby3000 Posts: 316 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I don't quite get this idea that there being lots of graduates automatically degrades the value of your degree. It's not like you just tick a box saying 'I've got a degree': employers tend to ask such searching questions as which university you attended and what subject you did.

    I do wonder who differential fees will affect things within universities. I went to a good university, but I did History, so we had no equipment to use and the department was pretty grotty and the library was understocked. Sciences and engineering had big shiny new buildings with lots of expensive equipment. We accepted this; they needed lots of equipment, we could talk about 16th century France squeezed into a drafty room. I would resent paying £7,000 plus for that though, but then I don't know if I'd feel comfortable with uni's charging different fees for different courses.

    ANYWAY, this is all off-topic really.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    toby3000 wrote: »
    . I would resent paying £7,000 plus for that though, but then I don't know if I'd feel comfortable with uni's charging different fees for different courses.

    ANYWAY, this is all off-topic really.


    I think its on topic. I think £7000 for a classroom lead, GOOD quality course is good value....its a full time course, when you add in study time, with access to libraries. While they don't pay for access to books/journals per student the cost of us accessing them with out other access would be significant. If you think you get, what 20 hours ish in a first year...I just can't remember, of lecturer time, well then £7k of ''half'' a persons full time hours seems reasonable ...its not one lecturer, but imagine a moment it was....I should be phrasing this better....pro rata etc ;) Holiday change that significntly though, I grant that.

    Depending where you study the upkeep of the actual buildings must be an issue. And then insurances.....which always seem expensive....I wonder how much the insurances for university provision are!
  • Couple of points.

    1. The 50% target HE participation rate didn't come from Labour. It came from a CBI report in the late '80's. They wanted a participation rate more like US, Canada, Germany etc. John Major started the process by getting rid of the divide between Polys and Unis. By 1992 the participation rate was already nearly 30%.
    2. A high participation rate is not necessarily a bad thing. Our competitors all have high participation rates. There is nothing to say that university should only be for X% of the poplulation. Personally I think 50% is not unreasonable - plenty of countries have higher.
    3. Lot of people trot out nonsense about hordes of students doing media studies and being rubbish degrees etc. How many students actually study courses like media studies or film studies etc? I bet its very few in relation to numbers studying engineering, english, history etc.
    4. Everyone seems happy that students should be studying Engineering, Science, Maths etc - 'useful' and 'vocational' subjects. Trouble is, we don't pay engineers and sciencentists very much when they graduate. I have long been a member of my local EEF (Engineering Employers Federation) branch and let me tell you that the History graduate who gets onto the M&S management training scheme is likely end up earning a lot more money than his counterpart who graduates in Engineering. If you want people to study engineering and science then pay them a lot more money and market forces will pull in the high-fliers.
    5. University cut-backs are insane. We are effectively cutting investment in the future. France, Germany, US, JApan are all currently investing $bn's in their universities.
  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    Lokolo wrote: »
    I am the complete opposite! I hate studying and learning, but I love having jobs. Although I am young (:D) I have had a number of partime jobs and I have made the most out of all of them. Loved them to bits. Although I don't have a job this year (final year eek), I am still tempted to get one.

    As for staying at home, I hate my local town, so I couldn't wait to leave ;)
    I did bar work and hated it. I did literally the bare minimum to pay car costs etc. Some friends had to work alot more than I did as living away for home and they seemed to struggle with a work/study balance. I really was glad I didn't have that issue. Maybe it depends on subject and year. I did International Accountancy and final year really was a nightmare, international taxation.... I need a vomiting smily.
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • Chris2685
    Chris2685 Posts: 1,212 Forumite
    I basically treat my student loan as an extra tax that I will have to pay for having a degree...

    A lot of people I know, however, have not only racked up the student loan, but also many student over-drafts and additonal loans... It must be like a pit of despair.
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