Recent graduates would be pissed off but they wouldn't be refunded.(Original post by Toums)
Labour say they will scrap tuition fees if given power. There's generally always debate around it and I don't think we can categorically say that it will remain the same, with 100% confidence.
If I pay off my 30k debt tomorrow and 1 year later tuition fees are scrapped - would I recover my money? And if not, surely there would be outcry? Imagine if someone paid it off a month before it was scrapped.
I'm sure I heard Labour say they would scrap existing debts? Or have I got that wrong?
They were happy with the deal on the table when they took on the loan at the start of the course.
If anyone believed fees were about to go to zero after the next election it'd create incentives for weird behaviour... why go to uni now when you could take a couple of gap yahs and then get the same course for free?
People at the start of courses would be looking for ways to drop out immediately and reapply later.
it could ruin unis - Lecturers would be thrown on the dole and Vice chancellors might only be able to have single digit %age pay rises
Do they actually matter?