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tuition fees - cap raised to £9k

torontoboy45
Posts: 1,064 Forumite
a lot of money, I'm sure you'll agree.
£27k + living expenses = £40k(?).
doubtless, some uni's/courses won't hit the limit but even £7k is going to hurt middle england.
I wouldn't wish for any post-grad to be burdened with this level of debt before they've seen their first pay advice slip.
parents may help out, but only at the expense of depleting the bank of mum and dad when it comes to that all-important contribution to the ftb deposit.
expect the average age of the ftb'er to rise even further.
p.s. still can't get the bbc link to work. maybe someone else can.
£27k + living expenses = £40k(?).
doubtless, some uni's/courses won't hit the limit but even £7k is going to hurt middle england.
I wouldn't wish for any post-grad to be burdened with this level of debt before they've seen their first pay advice slip.
parents may help out, but only at the expense of depleting the bank of mum and dad when it comes to that all-important contribution to the ftb deposit.
expect the average age of the ftb'er to rise even further.
p.s. still can't get the bbc link to work. maybe someone else can.
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Comments
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I am most grateful. Went to University in 1968 on a 4 year course, and with 'full' grant of £360 a year! Due to working during holidays, I was able to start work totally debt free. But no assets either! Starting salary £1,350 a year. Can't conceive how I would have got on with, say, a £2,000 loan around my back.
I'm even more grateful for the wisdom of the Hall of Residence Warden (a Doctor of Divinity). For three whole years, I recall his manic resistance to the student union regular submission to be allowed soft toilet paper. His opposition to it was not based upon cost, but the fact that it would turn us all into homosexuals. I susbsequently married and have lived happily ever after. Phew! Brilliant wisdom. What a narrow escape!0 -
More negative spin by the media to damage public sentiment in these fragile times of recovery just so they can try and get more than 105 people to pay to read their paper online.
Yes, the absolute maximum you can be asked to pay in tuition fees is £9,000. This does not mean every university in the UK will now automatically charge this.0 -
Blacklight wrote: »More negative spin by the media to damage public sentiment in these fragile times of recovery just so they can try and get more than 105 people to pay to read their paper online.
Yes, the absolute maximum you can be asked to pay in tuition fees is £9,000. This does not mean every university in the UK will now automatically charge this.
but with uni's facing cuts across the board they'll do the obvious.
that much should be obvious.0 -
Blacklight wrote: »Yes, the absolute maximum you can be asked to pay in tuition fees is £9,000. This does not mean every university in the UK will now automatically charge this.
Of course it doesn't. Which is why the OP said, "doubtless, some uni's/courses won't hit the limit but even £7k is going to hurt middle england"...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'.0 -
let me get this right - it's now going to be even more expensive to study for a degree.
either you have money and will get a better education and probably a better job
or
you don't have money, don't get a better education and are more likely to get a worse job than someone with a degree...
it's all about the haves and have nots each and every day...0 -
I dunno Chucky, there's a hell of a lot of well off builders, plumbers, etc out there. I think those kind of hands on jobs are also losing the stigma of 'working class' that they've always had associated with them.0
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neverdespairgirl wrote: »Of course it doesn't. Which is why the OP said, "doubtless, some uni's/courses won't hit the limit but even £7k is going to hurt middle england"
Perhaps I worded the response badly, it wasn't aimed at the OP just the general way the media are reporting it (as usual).0 -
Blacklight wrote: »I dunno Chucky, there's a hell of a lot of well off builders, plumbers, etc out there. I think those kind of hands on jobs are also losing the stigma of 'working class' that they've always had associated with them.
surely people should be encouraged to study for the country to have better scientists, engineers, doctors etc...0 -
let me get this right - it's now going to be even more expensive to study for a degree.
either you have money and will get a better education and probably a better job
or
you don't have money, don't get a better education and are more likely to get a worse job than someone with a degree...
it's all about the haves and have nots each and every day...
The tuition fee will be loaned up front, and you will only repay it when you get to 21k ish income, according to the news.
edit: I think universities will inevitably charge near the top of this figure, btw, since state funding for undergraduate degrees has been cut to the bone.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
It's a tough one.
There is the question of whether graduates are an asset to the country and so should be invested in, or just assets to themselves and so should be consumers of these services. The truth is probably somewhere in the middle.
The particularly upsetting bit is that this is another example of the intergenerational inequity that has been thrust upon us. But then I'd get onto a baby boomer rant0
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