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'Don't pay your kids tuition fees upfront' Discussion Area

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  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    I agree. It depends where you are and what age you specialise in. Shortage here of Reception and nursery teachers and has been for several years.

    If you are flexible on location and good at what you do, have a clean crb (and unbelievably some new graduates don't and no-one seems to have mentioned it to them before they did a 4 year course) then you should be able to get a job.

    Less nqt applications for each job here now than 2 years ago. Still a very big bulge of teachers to retire in next few years.

    You keep saying "here" as if you're somewhere other. Give us a clue!:)
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 3 October 2011 at 9:29AM
    however, she's becoming an adult.

    We're talking about kids, many of whom have only just turned 17. None of them have a vote. They are not adults. They can't really comprehend the tax implications of the decisions they are making imho.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 3 October 2011 at 9:32AM
    give her the information and empower her rather than just deciding for her.

    What's empowering about finding out that if you choose to go to university you will be paying stupid amounts of tax for most of your working life. Nearly as much as a baby boomer on a 6 figure salary fhs! That's not empowering it's just downright depressing!
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    as long as she understands the cost of living and what the loan involves

    I don't think anyone can undestand how truly depressing it must be to work really hard and only earn 60p in £1, when you're annual salary is only £15k or £21k.....
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    as long as she understands the cost of living and what the loan involves, then you've done your bit

    And this is the truly depressing bit for me about the perspective of this board, it's the "let them burn" attitude.

    Trouble is, if you encourage people to do nothing, then nothing ever gets done. These young people are just going to be left paying massive amounts of their salary in tax for a very long time and nobody will have bothered to lift a finger to help them. Sad and depressing imao.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    setmefree2 wrote: »
    I don't think anyone can undestand how truly depressing it must be to work really hard and only earn 60p in £1, when you're annual salary is only £15k or £21k.....

    For every £1 over those amounts.

    Just don't want getting people thinking you pay 40% tax on everything! Had that too many times.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 3 October 2011 at 9:57AM
    Lokolo wrote: »
    For every £1 over those amounts.

    Just don't want getting people thinking you pay 40% tax on everything! Had that too many times.

    Yup. It's 41p on every £1 you earn everytime you try to earn a bit extra. That's a massive demotivator.

    Once the 50p tax rate is scrapped, it's pretty much the same as the tax paid on £1 by someone (a baby boomer) earning £150k +.
  • melancholly
    melancholly Posts: 7,457 Forumite
    1,000 Posts Combo Breaker
    setmefree2 wrote: »
    We're talking about kids, many of whom have only just turned 17. None of them have a vote. They are not adults. They can't really comprehend the tax implications of the decisions they are making imho.
    well with parental help they can. i personally think it's just as important that they understand the decisions made as it is that the right decision is made. there is a huge difference between explaining a decision and helping them understand what's going on and just plain making it for them, taking the loan money off them and trying to control the entire financial aspect of their life once they are at uni. my concern over this particular situation is as much about wanting to get the child to take out the loan and then to take the money off them while they're 18-21. you simply can't control your child's life to that extent.

    this is where there is an important difference between great parenting and helicopter parenting. helping is not the same as dictating and not trusting. in the long run, trying to control someone in this way rarely ends well........ this is the kind of interfering that most people wouldn't encourage.

    if you can't see the difference, then that's a real shame. i think parents will know a lot more than their kids about loans and tax and work, but just laying down the law and making plans and being entirely sure what their life plan will be when they're 17 isn't healthy for either party.

    17 year olds are brighter than you them credit - if they engage with the information and are helped they really aren't so stupid that they can't work out consequences. if you treat them as small children until they're 21, trying to make all their important decisions for them, rather than with them, that's, imo, poor parenting. it also usually leads to a big backlash when they get some independence!
    :happyhear
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    edited 3 October 2011 at 10:12AM
    By the by, these young people that everyone is "encouraging" to commit to 25 to 30 years of higher taxes are the same young people who are expected to raise the money to pay for "your" pensions, if you work in the public sector or are reliant on a state pension. The government having been saving your contributions up, they have been spending them......

    Let's hope they don't decide to let you burn when they finally get a vote...
  • melancholly
    melancholly Posts: 7,457 Forumite
    1,000 Posts Combo Breaker
    setmefree2 wrote: »
    By the by, these young people that everyone is "encouraging" to commit to 25 to 30 years of higher taxes are the same young people who are expected to raise the money to pay for "your" pensions, if you work in the public sector or are reliant on a state pension.

    Let's hope they don't decide to let you burn when they finally get a vote...
    i'm not encouraging anyone to get into debt needlessly. i'm encouraging them to understand the debt - and in reality, without student loans, most people couldn't even consider a degree at the current fees level (which is one of the major reasons i opposed the new changes to HE funding).

    how you can be this negative about a 17 year old (who can have a child, get married and go to war) being able to think and understand a system that really isn't that complicated is beyond me.

    as has been repeatedly said before; it is the student who has the responsibility to pay back any loan. they should, therefore, understand what they are signing up to. it is completely ridiculous for parents to want to remove all responsibility for financial understanding from their children. helping to make a decision is not the same as making it without them even being involved. i don't know how anyone can think this is a controversial opinion.
    :happyhear
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