Student Loan Shakeup 2016 and the EU referendum PLEASE READ

StrandedStudent

agrinnall wrote: »

You are aware that it's a secret ballot aren't you? How will anyone know that students have voted leave? And even if they did, why do you think the victorious leave leaders, who are quite likely to oust Cameron and be running the country, would do anything to help you when they've been part of the government that set up the current situation anyway?

I just hope we won't be numbering you among our political masters in the future if this is the level of critical thinking you employ.

missbiggles1 wrote: »

Or among our future graduates.;)

I think you've completely missed the point. As with any vote it is anonymous unless you go around telling everyone but even then nothing his certain. This has nothing to do with the EU, only use as a threat in order to gain attention. Whoever runs government is irrelevant currently and more a call for help.

To be honest, politicians are no longer held in such high status so no I wouldn't want to be counted among them either. I just hope if you ever wanted what's best for your children or for future generations you might feel more passionate about helping others.

tomtontom

StrandedStudent wrote: »

I think you've completely missed the point. As with any vote it is anonymous unless you go around telling everyone but even then nothing his certain. This has nothing to do with the EU, only use as a threat in order to gain attention. Whoever runs government is irrelevant currently and more a call for help.

To be honest, politicians are no longer held in such high status so no I wouldn't want to be counted among them either. I just hope if you ever wanted what's best for your children or for future generations you might feel more passionate about helping others.

It would be incredibly stupid to base such an important vote on what is, in the big scheme of things, a very minor issue. I'd suggest you focus your passion on examining all the issues around the EU, and only then decide which way to vote.

At the moment your viewpoint is no better than those basing their vote solely on "them immigrants stealing our jobs/ benefits/ women".

agrinnall

tomtontom wrote: »

At the moment your viewpoint is no better than those basing their vote solely on "them immigrants stealing our jobs/ benefits/ women".

Worse in my view, at least there is an EU dimension to immigration even if like me you think it's something of a red herring, whereas the OP's idea is entirely an English issue.

Ed-1

StrandedStudent wrote: »

Please visit YouTube and watch martins video on retrospective hikes in regards to student loads and that will explain it more. Maybe that will help you understand.

I'm well aware of the situation having got several student loans under both pre and post-2012 repayment systems.

The fact is student loans are not fixed term loans. The terms are variable and Martin knows this but disagrees with it.

Interest rates are not changing. The repayment threshold is not changing (although the Lib Dems had promised to increase it - they aren't in government now so it's not going to be increased for the time being).

The repayment threshold was originally £10,000 in 1998-2005. Labour then decided to increase it to £15,000 retrospectively in 2005 and then it's now been increased to £21,000 but only for post-2012 borrowers at the moment - pre-2012 borrowers are currently at a threshold of £17,495 which is increased by inflation every year. When this threshold catches up to £21,000 that's likely to be the point when the government increases them together.

Labour had promised repayment holidays to students starting in 2008 and beyond where you could take a break from loan repayment for up to 5 years. When they lost the 2010 election this promise wasn't implemented - this was also a retrospective change.

Lokolo

Ed-1 wrote: »

Interest rates are not changing. The repayment threshold is not changing (although the Lib Dems had promised to increase it - they aren't in government now so it's not going to be increased for the time being).

To be fair, that's one thing that has actually been changed. The original agreement was that it would be £21k and increase year on year with inflation from 2017. This has now been changed and frozen until 2021.

Ed-1

Lokolo wrote: »

To be fair, that's one thing that has actually been changed. The original agreement was that it would be £21k and increase year on year with inflation from 2017. This has now been changed and frozen until 2021.

'Agreement' in the loosest sense (what's an agreement with a past government worth?) in that the actual terms governing the repayment of income contingent student loans for 2012 onwards are here and are not changing.

In particular regulation 11(c) which amends regulation 29 of the main regulations found here states that "the repayment threshold for a borrower with a post-2012 student loan is an amount of £21,000."

The government are not changing these terms. The repayment threshold will remain at £21,000 until they do change these terms. However the way the intention to increase the threshold from 2017 was made by Vince Cable back in December 2010 should not have been presented in the way it was, as it came across like it was a guaranteed event that would already be in the terms when students took out the loan when in fact it wasn't. It was conditional on the Lib Dems still being in government post-2015 election in order to force the increase to the threshold into the terms.