Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • MSE Callum
    • By MSE Callum 19th Feb 18, 10:14 AM
    • 548Posts
    • 189Thanks
    MSE Callum
    MSE News: PM to launch wide-ranging review of...
    • #1
    • 19th Feb 18, 10:14 AM
    MSE News: PM to launch wide-ranging review of... 19th Feb 18 at 10:14 AM
    The Prime Minister Theresa May will pledge to make student finance "fairer" as she launches a major review of university funding later today...
    Read the full story:
    'PM to launch wide-ranging review of student finance'

    Click reply below to discuss. If you havenít already, join the forum to reply.
    Read the latest MSE News
    Flag up a news story: news@moneysavingexpert.com
    Get the Free MoneySavingExpert Money Tips E-mail
Page 1
    • Al Lord
    • By Al Lord 19th Feb 18, 7:39 PM
    • 1 Posts
    • 1 Thanks
    Al Lord
    • #2
    • 19th Feb 18, 7:39 PM
    • #2
    • 19th Feb 18, 7:39 PM
    We still have situations (as per MSE!!!8217;s calculator) where students can pay over £100k and still not pay off their debt. We need to make sure when commentators (and that includes you Martin) start being honest with our future generations that they can still be !!!8220;contributing!!!8221; nearly twice what they borrowed and will still fall into the group not repaying their debt.
    • Mrs Arcanum
    • By Mrs Arcanum 27th Feb 18, 5:51 PM
    • 20,292 Posts
    • 43,499 Thanks
    Mrs Arcanum
    • #3
    • 27th Feb 18, 5:51 PM
    • #3
    • 27th Feb 18, 5:51 PM
    Unless the government address the assumptions about parental income and affordability, nothing will improve. Students will continue to struggle affording to eat and privately rented accommodation will not be properly heated. The current parental means testing is not fit for purpose.

    The maintenance loan for children from poorer families will be plenty for some areas and more of a struggle in others. Whist those from assumed better off families cannot always expect their parents can afford to help out.

    With most parents paying 10% or so towards their pensions, then taxed on the remainder, the available support for their children at university is just not there, even with no other children to support. Only allowing just over £1,000 for each additional child still at home, when we all know how much children cost to raise, is bizarre.

    Then to add insult to injury, the students most able to access University help are from the poorest families. Where those who need help most are from middle income households.
    Truth always poses doubts & questions. Only lies are 100% believable, because they don't need to justify reality. - Carlos Ruiz Zafon, The Labyrinth of the Spirits
    • Nebulous2
    • By Nebulous2 28th Feb 18, 3:00 AM
    • 2,338 Posts
    • 1,551 Thanks
    Nebulous2
    • #4
    • 28th Feb 18, 3:00 AM
    • #4
    • 28th Feb 18, 3:00 AM
    Unless the government address the assumptions about parental income and affordability, nothing will improve. Students will continue to struggle affording to eat and privately rented accommodation will not be properly heated. The current parental means testing is not fit for purpose.

    The maintenance loan for children from poorer families will be plenty for some areas and more of a struggle in others. Whist those from assumed better off families cannot always expect their parents can afford to help out.

    With most parents paying 10% or so towards their pensions, then taxed on the remainder, the available support for their children at university is just not there, even with no other children to support. Only allowing just over £1,000 for each additional child still at home, when we all know how much children cost to raise, is bizarre.

    Then to add insult to injury, the students most able to access University help are from the poorest families. Where those who need help most are from middle income households.
    Originally posted by Mrs Arcanum
    Means testing based on income may be a fairly blunt instrument, but you have 18 years at least to prepare for your child going to university.

    If people can't afford it that is mainly because of lifestyle choices. For example, it's a choice to spend 10% on a pension, whilst your child cannot afford heating or food.

    I rarely hear people talk about student finance, but I was at a birthday party a couple of years ago where two people who weren't particularly rich were describing steps they had taken to ensure their children didn't need to take a loan at all. That was possible for them on a middle-class income, not just supplementing a loan, because they had begun saving for it from the point their children were born.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,815Posts Today

8,464Users online

Martin's Twitter