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BBC Student finance Calculator
auroan
Posts: 241 Forumite
http://www.bbc.co.uk/news/education-14785676#student_finance_form
Anyone seen the salary scales they expect people to be on. Are the BBC on crack ???? Unless we have rampant wage inflation that is.
For example... Since when did teachers start on £28K.
Age Salary Debt Repayment Total repaid Real interest
18 £0 £0 £0 £0 3%
19 £0 £9,270 £0 £0 3%
20 £0 £18,818 £0 £0 3%
21 £28,262 £28,652 £681 £681 1.15%
Anyone seen the salary scales they expect people to be on. Are the BBC on crack ???? Unless we have rampant wage inflation that is.
For example... Since when did teachers start on £28K.
Age Salary Debt Repayment Total repaid Real interest
18 £0 £0 £0 £0 3%
19 £0 £9,270 £0 £0 3%
20 £0 £18,818 £0 £0 3%
21 £28,262 £28,652 £681 £681 1.15%
0
Comments
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Even with those starting salaries they show people paying it off to age 43.
For the vast majority a uni education is not worth having, but sadly it will only be the brighter kids who realise this and do something else instead.
University education should never have had the crazy aim of 50% of kids at uni, simply bonkers, and devalues the qualification. Still never mind, gets them used to life as a debt slave lol0 -
Even worse is that if it ain't repaid within 30 years, the rest is written off - presumably paid for by the rest of us. The worst case is a woman taking a 3 year course at £9K/year then getting work at the national average wage - total repaid £1018, the remaining £28K to be written off !!!
All because NuLabour wanted as many young people as possible to go to uni since it would otherwise be elitist.0 -
Even worse is that if it ain't repaid within 30 years, the rest is written off - presumably paid for by the rest of us. The worst case is a woman taking a 3 year course at £9K/year then getting work at the national average wage - total repaid £1018, the remaining £28K to be written off !!!
All because NuLabour wanted as many young people as possible to go to uni since it would otherwise be elitist.
Ye its ridiculous. We need more people in science and less in arty farty subjects which are of no practical use. Lets face it. people in china and africa can do alot of boring office jobs. But people there cant do high level engineering like we can here.I am not a financial expert, and the post above is merely my opinion.:j0 -
Its just another government policy to screw young people and protect the oldies. Just like HPI. They could of cut housing benefit further and got rid of that stupid scheme where they pay the mortgage of distressed home owners. Or they could of increased tax on 2nd homes to form a wealth tax. But instead they just screwed young people.I am not a financial expert, and the post above is merely my opinion.:j0
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My point really is not the policy..... but where the hell the BBC got their expected salary figures from ?0
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My point really is not the policy..... but where the hell the BBC got their expected salary figures from ?
maybe they are looking into the future
after all, now public sector workers are all being demonised and their pensions cut presumably to get maths and physics teachers in the future they will need to be paid a lot more to offset all the drawbacks of being public sector workers0 -
The calculator has a drop down to choose different fields. For example in 3 years time someone at 21 straight out of Uni is expected to be earning £37,880 in the first year. REALLY ???? :rotfl::rotfl::rotfl::rotfl::rotfl:for a start a medical degree for a doctor is 4 years long... so it's not that job their on about.0
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The calculator has a drop down to choose different fields. For example in 3 years time someone at 21 straight out of Uni is expected to be earning £37,880 in the first year. REALLY ???? :rotfl::rotfl::rotfl::rotfl::rotfl:for a start a medical degree for a doctor is 4 years long... so it's not that job their on about.
A medical degree is longer than 4 years - 5 minimum, usually 6, then a pre-registration year working in a hospital....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 -
I agree, that's mad. Pick "legal" as your area, and it reckons you'll be earning £40k the first year after your 3 year course ends.
that's rubbish! First you need to do the legal practice course or bar vocational course, which is another year. Then, if, and it's a big "if" you get a pupillage or training contract straight away, it would be a miracle to be on £40k!...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
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