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Student finance logic
Does it anger anyone else that someone whose parents have paid taxes into this country for 30+ years gets hardly any student loan and then eu students who haven't paid a penny in tax in this country (prior to obtaining their loans of course) and "poor" students (the ones who go gallivanting around South America for 3 months....yeah you really needed the max student loan to get by at uni didn't you) have a large surplus which they can burn through. Many of us have to suffer through the summer especially when paying instalments for out student houses in June and our overdrafts are maxed out. I will get shot down by the socialists on here but for once they should actually agree with me, why don't we cut out funding for eu students and/or give everyone a set loan amount to eradicate this disgusting inequality present in the education system. It's clear that student finance is a flawed system and money isn't going where it needs to. The pitiful loans handed to some people mean they are not "independent".
(edited 7 years ago)
Eu students don't get maintenance loans, only tuition fee loans.
EU students rightfully do not get a single penny in maintenance loans
EU students only get a maintenance loan if they've lived in the UK for at least the last 5 years. They can't just come over here and apply for a maintenance loan.
Oh, and many of us got bigger loans because our parents could not afford to give us money. In fact, I was having to lend them money.
Oh, and many of us got bigger loans because our parents could not afford to give us money. In fact, I was having to lend them money.
Original post by Tiger Rag
EU students only get a maintenance loan if they've lived in the UK for at least the last 5 years. They can't just come over here and apply for a maintenance loan.
Oh, and many of us got bigger loans because our parents could not afford to give us money. In fact, I was having to lend them money.
Oh, and many of us got bigger loans because our parents could not afford to give us money. In fact, I was having to lend them money.
I too frequently have to give my mum Money from my student finance.
She is not "poor" as the OP patronisingly suggests...she is actually poor.
As someone who does receive what is essentially the maximum grant and loan, I agree that the system is flawed and should be looked at but I do also see it as a financial equalizer in the sense that the money i'm being given now is the money that i did not receive growing up whereas wealthier students would have had this x amount spent on them for whatever reason, whether they were aware or not. Moreover, because I've grown up relatively poor I have learnt to be strict with money which of course means i can make it last a long time. i'm not saying you or others who feel screwed by the system can't save money, it's just we, the less well off, are better at it.
Original post by neal95
Does it anger anyone else that someone whose parents have paid taxes into this country for 30+ years gets hardly any student loan and then eu students who haven't paid a penny in tax in this country (prior to obtaining their loans of course) and "poor" students (the ones who go gallivanting around South America for 3 months....yeah you really needed the max student loan to get by at uni didn't you) have a large surplus which they can burn through. Many of us have to suffer through the summer especially when paying instalments for out student houses in June and our overdrafts are maxed out. I will get shot down by the socialists on here but for once they should actually agree with me, why don't we cut out funding for eu students and/or give everyone a set loan amount to eradicate this disgusting inequality present in the education system. It's clear that student finance is a flawed system and money isn't going where it needs to. The pitiful loans handed to some people mean they are not "independent".
Instead of moaning that your overdraft is maxed out, try getting a job and paying some tax yourself.
SF isn't supposed to make you independent. It is intended to *contribute* towards your university education.
And for the record, being reliant on a loan from the State, does not make you "independent". Get a job and stop whining that you don't get enough of my tax money.
Op, to me you're just the same as those "EU students". They haven't paid into the system and neither have you. You best start applying to Maccy's and start serving me my big macs if you want money, you wuss.
Im actually surprised that they do not force EU students to stay in the UK for at least 3 years after finishing the course - as a form of compensation. Then again, you cant force anyone to stay.
I also read that the goverment never actually expected everyone to pay their loans back within the limited time. The knew full well that it would be a financial loss.
I also read that the goverment never actually expected everyone to pay their loans back within the limited time. The knew full well that it would be a financial loss.
Original post by Galaxie501
Im actually surprised that they do not force EU students to stay in the UK for at least 3 years after finishing the course - as a form of compensation. Then again, you cant force anyone to stay.
I also read that the goverment never actually expected everyone to pay their loans back within the limited time. The knew full well that it would be a financial loss.
I also read that the goverment never actually expected everyone to pay their loans back within the limited time. The knew full well that it would be a financial loss.
Even if they leave, they are still required to pay back the loan. Have to inform student finance every year of what they are doing and how much they're earning. And the 21k limit is adjusted according to the country they're in. So at least you can't just run away from it.
Original post by Devify
Even if they leave, they are still required to pay back the loan. Have to inform student finance every year of what they are doing and how much they're earning. And the 21k limit is adjusted according to the country they're in. So at least you can't just run away from it.
Yep, I know. You have to inform them about everything - which is fine.
But the loan does expire if you dont manage to pay it back at a certain age. (I believe its 30 years old atm).
Plus that's all great if you are actually poor then great you should get a loan but others who swan off on holiday clearly don't need that money to survive or pay their mum or whatever
Original post by Devify
Even if they leave, they are still required to pay back the loan. Have to inform student finance every year of what they are doing and how much they're earning. And the 21k limit is adjusted according to the country they're in. So at least you can't just run away from it.
You don't "have" to do anything. It wouldn't be hard to disappear. What are they going f to do exactly. It's a very commonly reported problem that these students just disappear and are never heard from again
Original post by Galaxie501
Yep, I know. You have to inform them about everything - which is fine.
But the loan does expire if you dont manage to pay it back at a certain age. (I believe its 30 years old atm).
But the loan does expire if you dont manage to pay it back at a certain age. (I believe its 30 years old atm).
It isn't when you reach 30- it's 30 years since the loan
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