Cambridge Offer Holders 2015 thread

I would prefer higher taxes and free education but not everyone shares my views.

I think that sufficiently large interest free loans should be available that students need not worry about money whilst at university.

There was ambiguity regarding that in the BBC article I read - are you certain of that? That would be great news for me, but remains a huge shame.

Posted from TSR Mobile

I agree with these.

Why do you think your education should be cheaper?

Theoretically if my parents pay higher taxes and so the subsidy I receive is already lower as a family we are already paying more, should higher earners face large prescription charges for medicine? (That's the best analogy everyone pays via taxes and those who use the service make an additional contribution, the same goes for road tax)


Posted from TSR Mobile

Your family likely have.

Those with parents who earn a comfortable enough salary that their child isn't eligible for grants can get significantly more financial help at uni from them (I know /some/ don't, but that's not relevant and is anecdotal). They are also more likely to have more financial support in the future, so if I had the same debt as you it would have a greater impact on me. That's why I should be eligible for grants and you shouldn't.

Didn't you go to a fee-paying school? How much was that per year?

Posted from TSR Mobile

Presumptuous. Again I return to my belief that my parents earnings and education should make no difference to whether or not I as an individual can afford university.


Posted from TSR Mobile

^^ I don't want to pull out the loan because of the interest.

I can understand then but Elcor was talking about not wanting to have to be in debt- I was meaning there is no logical meaning for not wanting a loan because of debt.


Posted from TSR Mobile

^^ I don't want to pull out the loan because of the interest.



Likely have, isn't presumptive. Those who have attend higher education are likely to have their children also attend.

You still can afford it.

Nope, think about it semantically and 'likely have' is still presumptive. You have no right the assume the likeliness that they went to university (which they did but not oxbridge)

My parents can afford it. I can't. I don't think whether of not my parents can afford it should have any influence. The best way to tackle inequality is to remove it rather than try compensate for it.


Posted from TSR Mobile

Close to max bursaries, some money from a work placement and bit of help from parents (I meant they couldn't support me financially after uni if I was in loads of debt)

I'm hoping I haven't made a huge mistake by not applying for it!

Posted from TSR Mobile

Okay...

Well then make it so that parents don't pay for any of their children's university education. And it's entirely on the students

But that wouldn't work, because rich parents would still pay towards it

However that then becomes a matter of anything, not just university so it's all fundamentally flawed

I don't think you understand the way the loan works. The debt doesn't affect your financial rating AT ALL and doesn't have to be paid until after your earning 21,000 and even then it's minimal and taken out of your salary before you get it. You won't need your parents help with the debt after university. I honestly see no logical reason for not getting out the loan.


Posted from TSR Mobile

Nope, think about it semantically and 'likely have' is still presumptive. You have no right the assume the likeliness that they went to university (which they did but not oxbridge)

My parents can afford it. I can't. I don't think whether of not my parents can afford it should have any influence. The best way to tackle inequality is to remove it rather than try compensate for it.


Posted from TSR Mobile

Interest charged on loans is more than double the rate of inflation. So, the larger your loan, the larger your debt (disproportionately so due to 5% variable interest).. and the longer it takes you to pay it off (again increasing the size of debt in a vicious cycle). So your £40k debt easily escalates to repayments of £100k+

Yes but the way the loans work it's unlikely to have any impact as it gets wiped out eventually most probably before you've even paid all the original loan- I don't agree with the interest being high but that shouldn't stop people taking the loan.


Posted from TSR Mobile

Yes but the way the loans work it's unlikely to have any impact as it gets wiped out eventually most probably before you've even paid all the original loan- I don't agree with the interest being high but that shouldn't stop people taking the loan.


Posted from TSR Mobile

I don't think you understand the way the loan works. The debt doesn't affect your financial rating AT ALL and doesn't have to be paid until after your earning 21,000 and even then it's minimal and taken out of your salary before you get it. You won't need your parents help with the debt after university. I honestly see no logical reason for not getting out the loan.


Posted from TSR Mobile

Well if you start earning more working you're way up, you won't see the affect of that because your debt will have increased and the amount they take off you will increase on top of the tax.

So those years you're working for a higher salary before the debt gets wiped count for nothing and you might as well stay on a lower wage in an easier job for that entire time.

I can't speak for his reasons.

I don't see why they should be making money off of us at a variable rate and compounding it.

If it wasn't interest free, but say fixed ie I borrow 40k I pay back 50k, I wouldn't mind that either.