What an absolute disgrace

65
Found 15th Aug 2017
Just for all you conservative lovers.

Not only have they increased university fees by thousands of pounds, now they want to increase student loan interest to 6.1% per annum.

We all know this rate is inexcusable in commercial terms let alone for students.

This is pure & simple extortion.

bbc.co.uk/new…283
Community Updates
Misc
Top comments
Welcome to the real world my little snowflake, things are not free. I suspect it is trying to get students to take out commercial loans rather than use the SLC. Let us not forget however you only pay when you earn over a fixed amount (£21,000 a year) and many won't pay it off.

I'm just glad that the person borrowing it pays more of it back than the taxpayer!
Anyone who voted Tory at this election was either very wealthy or incredibly dense.
Possibly both.
PTibbets6 m ago

What is a snowflake?I take it you benefitted from a free education? (but …What is a snowflake?I take it you benefitted from a free education? (but maybe failed/unelected to educate yourself to a higher level)


No my little bundle of self-righteous indignation, I paid for my higher education.

WE SIMPLY DON'T NEED as many graduates with a degree in Gender Studies or Medieval History dating from 1201-1202, the university system in this country was once the envy of the world with good grades needed to even get close to being offered a place. Now what we have is a system that is unsustainable, unaffordable and quite frankly a joke.

You go to university and you pay for it. We tell children on cancer wards there is no money for treatment and you want us to fund a gender-fluid, transage snowflake to study instead of them being all grown up and in the big world and paying their own way. We can't afford the education system we have/want. Sadly this means that rather than me and all the rest of society footing the bill YOU GO YOU PAY!
Destard1 m ago

Anyone who voted Tory at this election was either very wealthy or …Anyone who voted Tory at this election was either very wealthy or incredibly dense.Possibly both.




Hey look it's Destard again with another everyone is racist or a snob nothing post.
65 Comments
Welcome to the real world my little snowflake, things are not free. I suspect it is trying to get students to take out commercial loans rather than use the SLC. Let us not forget however you only pay when you earn over a fixed amount (£21,000 a year) and many won't pay it off.

I'm just glad that the person borrowing it pays more of it back than the taxpayer!
Rate is shocking, but there have been good years and bad years as well and it has to be remembered that sadly much of the loans will never be paid off.

I think you may need to check up on your student loan history though

"The Labour government under Tony Blair passed the Teaching and Higher Education Act 1998 which introduced tuition fees of £1,000 to start in the 1998/9 academic year


Since academic year 2006/07 when variable tuition fees of up to £3000 were introduced by Tony Blair's Labour government"


and to add further perspective Labour "said" they would get rid of them, and later said they didnt but all of thats another argument.
PTibbets6 m ago

What is a snowflake?I take it you benefitted from a free education? (but …What is a snowflake?I take it you benefitted from a free education? (but maybe failed/unelected to educate yourself to a higher level)


No my little bundle of self-righteous indignation, I paid for my higher education.

WE SIMPLY DON'T NEED as many graduates with a degree in Gender Studies or Medieval History dating from 1201-1202, the university system in this country was once the envy of the world with good grades needed to even get close to being offered a place. Now what we have is a system that is unsustainable, unaffordable and quite frankly a joke.

You go to university and you pay for it. We tell children on cancer wards there is no money for treatment and you want us to fund a gender-fluid, transage snowflake to study instead of them being all grown up and in the big world and paying their own way. We can't afford the education system we have/want. Sadly this means that rather than me and all the rest of society footing the bill YOU GO YOU PAY!
eslick6 m ago

Rate is shocking, but there have been good years and bad years as well and …Rate is shocking, but there have been good years and bad years as well and it has to be remembered that sadly much of the loans will never be paid off.I think you may need to check up on your student loan history though"The Labour government under Tony Blair passed the Teaching and Higher Education Act 1998 which introduced tuition fees of £1,000 to start in the 1998/9 academic yearSince academic year 2006/07 when variable tuition fees of up to £3000 were introduced by Tony Blair's Labour government"and to add further perspective Labour "said" they would get rid of them, and later said they didnt but all of thats another argument.


Well yeah, the left always forget who introduced the private companies into the NHS, academies and the current farce of universities. I don't think that the point you make is another argument at all. Corbyn is promising these adult-children something he will never have to deliver EVER! Not to worry though his fluffer from the 1970's will be on hand to label the whole system racist and when pressed Diane will forget what she is talking about and say that people need five degrees, no wait 3 degrees, no wait 12 degrees!
Graham19798 m ago

Well yeah, the left always forget who introduced the private companies …Well yeah, the left always forget who introduced the private companies into the NHS, academies and the current farce of universities. I don't think that the point you make is another argument at all. Corbyn is promising these adult-children something he will never have to deliver EVER! Not to worry though his fluffer from the 1970's will be on hand to label the whole system racist and when pressed Diane will forget what she is talking about and say that people need five degrees, no wait 3 degrees, no wait 12 degrees!



you might get away with that today with the site being quiet but I might get the popcorn ready just in case, for the Corbyn fans who we all know who they are come rushing in
Graham197943 m ago

Welcome to the real world my little snowflake, things are not free. I …Welcome to the real world my little snowflake, things are not free. I suspect it is trying to get students to take out commercial loans rather than use the SLC. Let us not forget however you only pay when you earn over a fixed amount (£21,000 a year) and many won't pay it off.I'm just glad that the person borrowing it pays more of it back than the taxpayer!


As a person who holds a Master in Mechanical Engineering from The University of Manchester, I can say you lack intelligence.
and? it's good, making people invest in their futures.

if you don't think your university degree will benefit you in the long term you could just not bum around uni for a few years at others expense
Avatar
deleted1431257
Nowadays with Apprenticeships offering essential experience and training in work leading to a career path, it's a more viable option compared to studying for many years, getting into debt and then applying for jobs against other Graduates with just a hope to land the "big job" (by which time the experience gained at the Apprenticeship in the same timeframe would likely have gained the young person so much experience, training, relevant qualifications/accreditations, skills and wages without the SLC debt, that they would likely have landed an advanced role within the company).
Edited by: "deleted1431257" 15th Aug 2017
Avatar
deleted1431257
eset123456 m ago

Thats cute, like a degree is any sign of intelligence. you can have a …Thats cute, like a degree is any sign of intelligence. you can have a degree in a very narrow field, like oh I don't know, mechanical engineering and be as thick as pig shit as everything else.what's it like trying to get a job in a sector that is oversubscribed, with the old boys tying up the lucrative parts of the sector? what projects have you been an integral part of since you left uni? what position do you hold within the company you work for, other than glorified tea boy, paper shuffler or office gopher.


Trying to get a job nowadays in the Engineering sector (especially in a more specialised sector like Chemical Engineering) is like trying to cross the River Styx
Edited by: "deleted1431257" 15th Aug 2017
PTibbets12 m ago

Its all bull. Graham does not have a higher education qualification else …Its all bull. Graham does not have a higher education qualification else he would know loans came into effect & the charges that were forthcoming. So unless Graham was born in the 50s or 60s its all bull. After the 80s everyone used a grant


What about all the people who saved up between 16-18 and worked 4 evenings a week in a supermarket while at uni and didn't take a grant....

But back then canned meat and Campbell's condensed tomato soup were cheap!
Anyone who voted Tory at this election was either very wealthy or incredibly dense.
Possibly both.
You mean the student loans that alot of people barely pay back?

You mean the students loans payed for by taxes that enable people to get high payed jobs?

You mean the student loans started by Labour?


And a return is expected on this nothing investment? Shock horror.
Destard1 m ago

Anyone who voted Tory at this election was either very wealthy or …Anyone who voted Tory at this election was either very wealthy or incredibly dense.Possibly both.




Hey look it's Destard again with another everyone is racist or a snob nothing post.
Graham19791 h, 19 m ago

Welcome to the real world my little snowflake, things are not free. I …Welcome to the real world my little snowflake, things are not free. I suspect it is trying to get students to take out commercial loans rather than use the SLC. Let us not forget however you only pay when you earn over a fixed amount (£21,000 a year) and many won't pay it off.I'm just glad that the person borrowing it pays more of it back than the taxpayer!


there's a difference between paying a fair price and downright exploitation. the principle sum hasn't changed but now the interest costs thousands more, which if it isn't cleared the tax payer will end up clearing anyway, so please, continue about how this is good for tax payers?
Someone has to pay for brex***t
adamspencer9511 m ago

there's a difference between paying a fair price and downright …there's a difference between paying a fair price and downright exploitation. the principle sum hasn't changed but now the interest costs thousands more, which if it isn't cleared the tax payer will end up clearing anyway, so please, continue about how this is good for tax payers?


The tax payer will recoup more than if the system is left as it is.

Be under no illusion the increase in rates is to stop the excessive numbers of young people going to university simply for the sake of going. We need economically active people and past governments have enjoyed the boom in university students as it reduces the numbers of unemployed. The problem is the system is unsustainable just like pensions and the NHS, it has to be paid for and we are getting to a situation where the total number of people depending on the tax payer to pay for the pensions, the NHS and education is too great. We have 440,000 children from the EU (of the 3.5 million who came here) who all need "free" education and "free" health care. We then have 218,000 who are in full time education post 18 so that's 658,000 people we need to fund.

You can't have it all ways, you want it, it will benefit you then you pay for it.
Error44011 m ago

Someone has to pay for brex***t


Think it will be the 3.5 million who have come here? 440,000 children?
catbeans20 m ago

Hey look it's Destard again with another everyone is racist or a snob …Hey look it's Destard again with another everyone is racist or a snob nothing post.



catbeans20 m ago

Hey look it's Destard again with another everyone is racist or a snob …Hey look it's Destard again with another everyone is racist or a snob nothing post.


MAYBE just MAYBE it wasn't. What if it was the people who are watching the systems they hold dear collapse around them and the political left promising anything (free uni, £100 billion for the NHS, extra pensions, more rights) that they knew they would never deliver. There is a reason older people don't vote labour because they remember the last time the bankrupt the country and the time before that and the time before that. The whole system is bust it can't afford to carry on, not to worry though Diane Abbott will pay the police 3p an hour, the nurses 8p an hour and dentists 12p an hour and all will be fixed.
adamspencer9536 m ago

there's a difference between paying a fair price and downright …there's a difference between paying a fair price and downright exploitation. the principle sum hasn't changed but now the interest costs thousands more, which if it isn't cleared the tax payer will end up clearing anyway, so please, continue about how this is good for tax payers?




Those who can afford to pay back more will pay back more, it will also incentivise those who can pay back more earlier to do so, not to mention decentivise people doing a course simply because they feel like going to university with no aim costing the tax payer more money when they don't turn it into a more profitable job.
PTibbets2 h, 1 m ago

What is a snowflake?I take it you benefitted from a free education? (but …What is a snowflake?I take it you benefitted from a free education? (but maybe failed/unelected to educate yourself to a higher level)


A snowflake is someone who moans and complains a lot. He seems to do that quite a bit
Good, may encourage them to do some overtime. Lazy lot.
How can a "Britischer" compete with a "Deutscher" undergraduate when saddled with debt with high interest rates and huge mortgage or rent that is n-multiples times that of equivalent German assets?!
GAVINLEWISHUKD1 h, 52 m ago

What about all the people who saved up between 16-18 and worked 4 evenings …What about all the people who saved up between 16-18 and worked 4 evenings a week in a supermarket while at uni and didn't take a grant....But back then canned meat and Campbell's condensed tomato soup were cheap!


No dude the snowflakes couldn't get a job and study at the same time, that would just overload their fragile little minds. Its easier to use the bank of mum and dad, let them work to keep their kids in the custom to which they're accustomed.

Working and work placements would and should be built into the university system, get students into work (and I mean any work from poundland to London underground night shifts). You just watch how fast they find their own placements.
I would overhaul the university clearing system. You don't get the grades then you don't go! This grasp for anything as long as it is a degree course is part of what is degrading the system. I once knew a lad that failed his first year of pharmacy and went o do media studies. Absolutely no link whatsoever and no benefit to society.
Graham19795 h, 23 m ago

No my little bundle of self-righteous indignation, I paid for my higher …No my little bundle of self-righteous indignation, I paid for my higher education.WE SIMPLY DON'T NEED as many graduates with a degree in Gender Studies or Medieval History dating from 1201-1202, the university system in this country was once the envy of the world with good grades needed to even get close to being offered a place. Now what we have is a system that is unsustainable, unaffordable and quite frankly a joke.You go to university and you pay for it. We tell children on cancer wards there is no money for treatment and you want us to fund a gender-fluid, transage snowflake to study instead of them being all grown up and in the big world and paying their own way. We can't afford the education system we have/want. Sadly this means that rather than me and all the rest of society footing the bill YOU GO YOU PAY!



I don't agree with a lot of those so-called courses, but neither do I think the universities and the country is losing out as much as peeps seem to think.
Many peeps point to the amount of cash being generated by attracting 'international' students - looks like a nice little earner to me; universitiesuk.ac.uk/new…spx

But, yeah, forget the nonsense 'jobs for the boys' courses - unless of course that's the courses the 'international' students want - then yeah, let's take in as many as we can get - won't be too long in clearing national debt.
Edited by: "tryn2help" 16th Aug 2017
catbeans9 h, 55 m ago

Those who can afford to pay back more will pay back more, it will also …Those who can afford to pay back more will pay back more, it will also incentivise those who can pay back more earlier to do so, not to mention decentivise people doing a course simply because they feel like going to university with no aim costing the tax payer more money when they don't turn it into a more profitable job.


the repayment system is fixed, so yes if someone earns a lot more they will pay back more, but otherwise there is no option to 'repay early' as you say.
Graham197910 h, 23 m ago

The tax payer will recoup more than if the system is left as it is. Be …The tax payer will recoup more than if the system is left as it is. Be under no illusion the increase in rates is to stop the excessive numbers of young people going to university simply for the sake of going. We need economically active people and past governments have enjoyed the boom in university students as it reduces the numbers of unemployed. The problem is the system is unsustainable just like pensions and the NHS, it has to be paid for and we are getting to a situation where the total number of people depending on the tax payer to pay for the pensions, the NHS and education is too great. We have 440,000 children from the EU (of the 3.5 million who came here) who all need "free" education and "free" health care. We then have 218,000 who are in full time education post 18 so that's 658,000 people we need to fund.You can't have it all ways, you want it, it will benefit you then you pay for it.


explain to me how the tax payer pays less than the old system?

the repayment system is the same as prior to the 6.1% interest rate
the value of the loan will now increase by ~3% cumulative

so there will be a bigger gap between repayments and the total balance which if not cleared, will ultimately be paid by the tax payer

why not just look at it for what it is which is a quick cash grab from those who want to try and better themselves and improve their job prospects
Graham19799 h, 45 m ago

keep their kids in the custom to which they're accustomed.




31704259-r6xN0.jpg
CouldntThinkOfAUsername12 h, 25 m ago

As a person who holds a Master in Mechanical Engineering from The …As a person who holds a Master in Mechanical Engineering from The University of Manchester, I can say you lack intelligence.


Couldn't you have picked a better University for Mech Eng?
deeky55 m ago

[Image]


Love you deek
PTibbets10 h, 6 m ago

What a complete **** (star star star star)


We have Generation Wimp in this country, seriously the problem is they don't realise it. All the rights but none of the responsibilities. They are the last of the people who want and expect everything done for them and for free. The next generation (those at primary school) have been raised by a Tory government so know there no help coming from the government.

Too many people going to university drives DOWN wages for the lower skilled workers as these snowflakes find themselves having to do lower skilled jobs when they find their degree in Gender Studies is worth nothing.
DKLS2 h, 59 m ago

Couldn't you have picked a better University for Mech Eng?


Cambridge or Imperial? Manchester is hard enough to get into as it is. I doubt "snowflake" Graham would get the grades to get be considered for a proper course, never mind pass the interview.
Graham197913 h, 9 m ago

No dude the snowflakes couldn't get a job and study at the same time, that …No dude the snowflakes couldn't get a job and study at the same time, that would just overload their fragile little minds. Its easier to use the bank of mum and dad, let them work to keep their kids in the custom to which they're accustomed.Working and work placements would and should be built into the university system, get students into work (and I mean any work from poundland to London underground night shifts). You just watch how fast they find their own placements.I would overhaul the university clearing system. You don't get the grades then you don't go! This grasp for anything as long as it is a degree course is part of what is degrading the system. I once knew a lad that failed his first year of pharmacy and went o do media studies. Absolutely no link whatsoever and no benefit to society.


I worked with a guy who's son went to manc uni and wouldn't work a minute . He needed super fast fibre bb , the latest iPhone and his total living costs met by bank of dad. So while a 20 year old sat doing feck all to keep himself , his 60 year old father was working 12 hour nightshirts , every weekend and generally doing without to keep his feckless son. Mind you I am sure his degree in David Beckham studies or Star Trek will benefit him enormously .
CouldntThinkOfAUsername1 h, 5 m ago

Cambridge or Imperial? Manchester is hard enough to get into as it is. I …Cambridge or Imperial? Manchester is hard enough to get into as it is. I doubt "snowflake" Graham would get the grades to get be considered for a proper course, never mind pass the interview.


Either or Leeds, they have a very good engineering school, with lots of commercial and knowledge transfer projects happening. Dunno about Graham's academic prowess. I could write a diagnostic tool to calculate it but I cant be bothered and am sure he isn't either.
adamspencer955 h, 32 m ago

the repayment system is fixed, so yes if someone earns a lot more they …the repayment system is fixed, so yes if someone earns a lot more they will pay back more, but otherwise there is no option to 'repay early' as you say.




No it's not fixed you have the option to pay more, do one off payments and pay it off the completely. The interest will increase what you owe, for example if you are a DR and owe more and you will definitely be paying it back on 90k, the interest will increase what you owe overall so you pay more.

6.1% on a loan nowadays is a great rate.
Yeh it sucks, will probably encourage people to pay it off faster than just letting the minimum be taken from their salary... Which is exactly what I do, I must be nearly paid back by now though.
DKLS1 h, 41 m ago

Either or Leeds, they have a very good engineering school, with lots of …Either or Leeds, they have a very good engineering school, with lots of commercial and knowledge transfer projects happening. Dunno about Graham's academic prowess. I could write a diagnostic tool to calculate it but I cant be bothered and am sure he isn't either.


Manchester is more recognized worldwide though, the most applied to uni in UK and I'm a Manc so wasn't going to move away. If I got the A levels to go to Cambridge or Imperial, I would have rather done Medicine, my first choice, at Man Uni.
CouldntThinkOfAUsername41 m ago

Manchester is more recognized worldwide though, the most applied to uni in …Manchester is more recognized worldwide though, the most applied to uni in UK and I'm a Manc so wasn't going to move away. If I got the A levels to go to Cambridge or Imperial, I would have rather done Medicine, my first choice, at Man Uni.


Is it?, it doesn't rank that high, manchester scraped into the top 20 last year. In football terms Manchester Mech Eng is more Watford or Burnley than Chelsea and Spurs.
DKLS40 m ago

Is it?, it doesn't rank that high, manchester scraped into the top 20 last …Is it?, it doesn't rank that high, manchester scraped into the top 20 last year. In football terms Manchester Mech Eng is more Watford or Burnley than Chelsea and Spurs.


Yes, more students apply here than anywhere else due to its historical reputation and better links with companies than most other top 20 unis. It's got world class lecturers but facility wise it is lacking, it needs more investment which is happening currently with a £100m+ new engineering campus. Due to its location, its in an area with little room to build unless old buildings are knocked down. It's more Manchester United, envious history, currently stagnating but will rise again.
PTibbets19 h, 1 m ago

The funny thing is... All those complaining had free education in the 60s …The funny thing is... All those complaining had free education in the 60s 70s & 80s. Its quite sad actually.


Well you're clearly not a history student

31708181-cslhy.jpg
Graham197921 h, 48 m ago

No dude the snowflakes couldn't get a job and study at the same time, that …No dude the snowflakes couldn't get a job and study at the same time, that would just overload their fragile little minds. Its easier to use the bank of mum and dad, let them work to keep their kids in the custom to which they're accustomed.Working and work placements would and should be built into the university system, get students into work (and I mean any work from poundland to London underground night shifts). You just watch how fast they find their own placements.I would overhaul the university clearing system. You don't get the grades then you don't go! This grasp for anything as long as it is a degree course is part of what is degrading the system. I once knew a lad that failed his first year of pharmacy and went o do media studies. Absolutely no link whatsoever and no benefit to society.


"You don't get the grades then you don't go!" Degrading grades for many years now hasn't helped either. The sense of entitlement that comes from having more "qualifications" than you can shake a stick at is bizarre. There simply isn't the time to learn enough breadth or depth of most subjects to justify the grades.
Post a comment
Avatar
@
    Text

    Top Discussions