Uni Fees

[Panjy]

In my case, I would probably do a degree even with the new fees. Even a £7 increase in payback at £21k a year doesn\'t really make much of a difference.

I probably would as well, but thats easy said as i (like you) have already gone through the process & am now enjoying the benefits.
If i was looking at this through the eyes of a 16-18 year old and faced coming out with £27k worth of tuition fee debt as well as £15k of student loan debt i\'d be seriously worried. Especially as they now want the loans to be repaid at higher rates of interest also.
I\'m not really sold on the big benefit of not starting repayments until you earn £21k either. That will mean that your debt is just increasing whilst the interest is added. Another money making ploy me thinks

[dudsey]

I don\'t think it matters how much you charge University students as it  is still cheap in comparison to a lot of other countries. But being a  student myself I don\'t think the price should have climaxed at tripple  their current max. I also don\'t think it will stay at its current 9k max  level by the end of the financial year.

Imo  the government is doing this for A) to put more people into the job market  at  18 to gain more revenues from taxing these people. B) at   current levels the interest (which starts accumulating as soon as money is with the student) on student loans is 1% above base rate   (making it 1.5% at the moment) so 1.5% a year on 10k (total after 3 years for tuition   fees at current cap of 3300) isn\'t much, but the 1.5% on the 27k it will be much higher thus by the time base rate increases (I estimate   2013/14) the revenue gained from students paying back the minimum every   year will be greatly increased. You also have to remember that the majority of students also take a maintenance loan increasing overall debt even further. The total bill for University will be much higher once these increases take effect and eventually when base rate goes up to 4/5% it once was it will take almost a lifetime to repay your student loan if you only pay the minimum every month. The current government fiscal plan has been manufactured for long term revenue which a lot of people don\'t see.

As said earlier in the thread the  whole educational system needs a restructure not just charging more  money for Uni fees. The government should educate properly from nursery  as most of the people at Uni are extremely stupid :Hammer,  have barely any knowledge of anything other than what interests them, which generally isn\'t very much. They are very narrow minded;  Religion/Politics/Philosophy/Science/Geography etc are not what the majority of  students know or care about, you cannot have a real conversation with  the average student, it seems like they don\'t think, if that makes any  sense (it does in my head :2Confused). Am I one of these students? I don\'t know...