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Tuition Fees Under Review: PM proposes to cut tuition fee cost for some courses watch

  • View Poll Results: Do you agree with the PM's proposal to cut tuition fees for some courses?
    Yes
    1,515
    68.24%
    No
    705
    31.76%

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    tuition fees should not cost more than money you can save from a 3 month summer job.

    The tories seem to think market forces will solve improve access and quality of education. What they dont understand is in certain sectors like healthcare and rail ways, you can use market forces because of the high barriers to entry.
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    (Original post by OldishStudent)
    I see no mention of the government considering selling student debt to debt collectors in any articles.
    Yet its been referred to numerous times in this thread.
    I see no reason in spreading un-neccesary panic.
    Can any of you whom have mentioned this produce evidence?

    If not, think before you bloody well post.
    There's a couple of things going on. The loan book *is* being sold off to the private sector. I linked to an FT article earlier.

    But also private debt collection agencies are being used to chase non-payers
    Eg
    Graduate anger mounts over ‘nightmare’ Student Loans Company

    https://www.theguardian.com/money/20...y_to_clipboard

    However these are only used if a graduate is indeed due to make repayments (eg they are earning above the threshold), but a graduate can't be "chased" just because they have a loan.

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    Thankyou for clarifying that Doonesbury.

    So its falling victim to marketisation? Thats a very scary move. You DO NOT want one of those thugs on your doorstep threatening your family.
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    (Original post by OldishStudent)
    Thankyou for clarifying that Doonesbury.

    So its falling victim to marketisation? Thats a very scary move. You DO NOT want one of those thugs on your doorstep threatening your family.
    Well they would have to be "professional", but yes you don't want things to get so bad that a collection agency is involved.

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    (Original post by OldishStudent)
    Liam, thats innacurate. In the USA the government can sell your student debt to a debt collector. In the UK they cannot. And if you are disabled and cannot work, and get a letter from your GP saying so, your debt will be completely wiped.
    https://www.theguardian.com/money/20...any-complaints

    https://www.moneysavingexpert.com/ne...-loans-company
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    (Original post by Sceptical_John)
    The government is announcing a fee overhaul on Monday.

    It looks like they considering cutting fees to 6k and to pay for this they are going to cut bursaries that widen uni participation.

    http://www.bbc.co.uk/news/education-43106736
    https://www.theguardian.com/educatio...ns-theresa-may
    https://www.theguardian.com/educatio...P=share_btn_tw

    This essentially hands a big wad of cash to the already wealthy. Can anyone make a defense of this? (Other than it might win them a few votes)
    The university teachers strike regarding unfair changes to their pensions is clearly related to this proposal.

    And to further undermine education now they want to take bursaries away from students who would otherwise struggle to pay for their university education?

    I know and understand from experience why the majority voted for cheaper university education on this poll. And I would agree with anyone that university education is invaluable but making university cheaper will definitely provide a stronger incentive for people who may not have a real drive/ambition to succeed, to go to uni.

    Ant that will just be a waste of everyone's time, life and money.
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    What about fees for international students? Will that also decrease?
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    (Original post by Zkzkzk)
    What about fees for international students? Will that also decrease?
    They are set more according to market value (and to cover costs and maximise profit), so no they aren't directly affected.

    Except that if fewer home/(eu) students places become available in the future (or they generate less income because of reduced fees) then perhaps international fees will have to increase to cover the missing revenue...

    Probably too early to say...
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    It is also important that research degree fees should also be lower down considerably. I strongly advocate to lower down fees of non European, international students who Make a Main knowledge economy Market in uk
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    (Original post by AngryRedhead)
    It's easier to pay £6K a year than £9K a year if you're self funding
    Scrap fees altogether I think.
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    (Original post by Chilber)
    Scrap fees altogether I think.
    No, because then university places will be decreased and social mobility will go down as is the case in Scotland
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    System needs complete change. Just reducing fees won't work because the current debt scheme is simply more attractive !

    Look the massive Elephant in the room here is that we have an ever increasing student debt mountain that will NEVER get repaid - it's a total nonsense.

    What they need to do is simply encourage/ make it more attractive to have more students paid up in full at the start and not on student loans. Ideas to do this could include:-

    A) Introduce Employer Sponsored Degree Schemes
    For Example:- I would be happy as an employer to take on a student that could work for me 3 days a week whilst on a university course 2 days a week to do a related degree and pay the student say £9k a year and University £6k a year for this to happen. You get the idea. Result: no debt, qualified student, student also paying some tax from the start, student has real experience and instantly VERY employable at the end, win win win
    * Degree would probably need to be over longer period
    * similar scheme could be introduced at A level also
    * Not possible currently as Jonny has 12 hrs of sessions split up all week in dribs and drabs. Even extending the time period to do it won't work unless a radical change is made to how the degree is taught

    B) Bank of Mum and Dad
    Look let's face it the students are not really paying anything are they, It's debt they taking out! This is what HMG need to reduce. So If you reduce the fees to £6k without a student loan instrument then it would down to bank of mum and Dad to pay it however:-
    * Currently I could pay if I wanted my children's fees at say £6k a year. Not everyone could do this I grant you, however it's just not worth it. The debt scheme is far far more attractive because it NEVER has to be repaid, well at twopence-halfpenny when they earn over £25k a year so what's the point?
    * I might consider it IF a) a big discount was availalable for paying in full at the start and NOT on student finance And/or b) perhaps offset against tax etc

    C) just to be controversal: Public School / Independent School student parents could contribute to their kids fees?
    Ooooh one for the socialists, not like me. However, there has to be an argument to say and deffo in Public Schools that if Jonny' s Dad has been paying £20k a year for him to study at Eaton he should continue paying at Oxford 100% of the fees to do the degree? and if parents are paying £9k a year fees for a "regular Independent school" then perhaps it's on the basis that they pay 50% of the Uni fees if they then go on to university - something along those lines?

    Any one or all three of the above would impact/ reduce debt being carried out however it would appear that nobody in either party has a brain cell to actually think of ways to totally change the debt situation - which should be the key focus!
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    (Original post by LsDad)
    A) Introduce Employer Sponsored Degree Schemes
    For Example:- I would be happy as an employer to take on a student that could work for me 3 days a week whilst on a university course 2 days a week to do a related degree and pay the student say £9k a year and University £6k a year for this to happen. You get the idea. Result: no debt, qualified student, student also paying some tax from the start, student has real experience and instantly VERY employable at the end, win win win
    * Degree would probably need to be over longer period
    * similar scheme could be introduced at A level also
    * Not possible currently as Jonny has 12 hrs of sessions split up all week in dribs and drabs. Even extending the time period to do it won't work unless a radical change is made to how the degree is taught
    This is a Degree Apprenticeship and already exists. But yes more could be done to encourage take-up (including signing up more employers).

    e.g. https://www.gov.uk/government/upload...ing-290118.pdf
    also https://warwick.ac.uk/fac/sci/wmg/ed...raduate/dyson/
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    (Original post by AngryRedhead)
    It's easier to pay £6K a year than £9K a year if you're self funding
    It’s easier to pay £6k but is it worth it for the overall degradation of the system and lowered facilities available to universities? Cuts in resources, cuts in funding, cuts in research, cuts in student development.
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    (Original post by Doonesbury)
    This is a Degree Apprenticeship and already exists. But yes more could be done to encourage take-up (including signing up more employers).

    e.g. https://www.gov.uk/government/upload...ing-290118.pdf
    also https://warwick.ac.uk/fac/sci/wmg/ed...raduate/dyson/
    Yes but problem is this is great for the megga sized businesses like Dyson to design their own schemes but out of reach for SMEs - what the latter need is to be able to plug into a set program. They don't have the resources to design their own program

    Agree that far more needs to be done to encourage employer take up, I might be so bold as to say that for every so many staff a company employs they should be made to take a Junior on a scheme of this nature?

    Whatever the outcome something needs to be done but reducing fees to £6k whilst it would deffo lower the added debt mountain each year it's a sticking plaster and NOT changing the route problem
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    (Original post by LsDad)
    Agree that far more needs to be done to encourage employer take up, I might be so bold as to say that for every so many staff a company employs they should be made to take a Junior on a scheme of this nature?
    Like an Apprenticeship Levy?
    http://www.telegraph.co.uk/education...mployer-guide/
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    (Original post by Doonesbury)
    Like an Apprenticeship Levy?
    http://www.telegraph.co.uk/education...mployer-guide/
    I had absolutely zero knowledge that they were even trying something like this? Neither does anybody I know! I think I represent the bulk of smaller employers
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    (Original post by LsDad)
    I had absolutely zero knowledge that they were even trying something like this? Neither does anybody I know! I think I represent the bulk of smaller employers
    Well the starting point is a £3million payroll, so yes that would exclude genuinely small employers. I suspect the FSB would be concerned it would be too onerous for the smaller companies.

    But small companies do qualify for apprenticeship "co-investment" (ie free money) for 90% of the costs.
    https://www.gov.uk/government/public...ying-employers

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    (Original post by Zkzkzk)
    What about fees for international students? Will that also decrease?
    Quite the opposite is likely to happen if home fees are brought down.

    Revenue needs to come from somewhere.

    The kind of students who tend to go to places like Oxford, Cambridge and Imperial are the same kind of students who would pay 60 000 a year in Harvard and Yale, so there's no real price elasticity here. These places will definitely shoot up in international fees if home tuition is cut.
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    I got this wrong. I thought they mean to increase fees and downvoted. Need to improve my English..
    But after seeing the comment right above mine, my disagree intention proves to have been right after all. Enough racism and discrimination, Britain has obligation to the people it used to exploit during colonial times!
 
 
 
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