Class of 2023 faces huge amount of debt

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trev
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#1
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http://news.bbc.co.uk/1/hi/education/4276235.stm
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Chewwy
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a starting salary of $52k? cool!
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Vixen
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I was panicking then, then I realised its nowhere near 2023 Thats scary statistics though :eek:
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trev
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I'm glad I'm not going to be in the graduatng class in 2023. :p:
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Heidi
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don't be too happy cos ur kids will have to pay higher tuition fees and may be in the graduating class of 2023.

(Original post by trev)
I'm glad I'm not going to be in the graduatng class in 2023. :p:
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trev
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Didn't think about that, lol.
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Heidi
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Well it could still be a possibility that he has a five year old child right now. I didn't want to be rude and ask him ya know? lol

(Original post by PQ)
Only if they're 3 years old already or exceptionally bright :p:
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Vixen
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(Original post by PQ)
Only if they're 3 years old already or exceptionally bright :p:
Wont the situation just get worse though?
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lou p lou
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hmmm... i don't think it's as bad as it sounds, just look at the price they expect a pint and cinema tickets to be... i think it shows more about the level of inflation

lou xxx
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LH
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Isn't graduating with £45k debt but earning £52k in a similar ratio to graduating with ~£15k debt but earning £22k?
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LH
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These statistics are meaningless - they're simply the same figures as nowadays increased to allow for inflation etc.

It's exactly the same as someone graduating now with £16k debt and earning £21k which will be about the going rate especially when top-up fees are introduced.
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AT82
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#12
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Yep you're right it means nothing, its a classic example of media manipulation.
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lou p lou
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(Original post by AT82)
Yep you're right it means nothing, its a classic example of media manipulation.

but it makes a good scare story :rolleyes:

and it means that my 3-year-old i keep in the cupboard shall not go to uni! (it likes the cupboard, it's a kitchen one with knifes and things to play with)

*realises she's finally cracked up form sleep deprivation becasue of my EVIL flatmates*

lou xxx
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AT82
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(Original post by lou p lou)

but it makes a good scare story :rolleyes:

and it means that my 3-year-old i keep in the cupboard shall not go to uni! (it likes the cupboard, it's a kitchen one with knifes and things to play with)

*realises she's finally cracked up form sleep deprivation becasue of my EVIL flatmates*

lou xxx

But when you're earning £256,543 a year and houses cost £5 million for a 3 bed terrace, £48,000 seems like a bargain
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lou p lou
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(Original post by AT82)
But when you're earning £256,543 a year and houses cost £5 million for a 3 bed terrace, £48,000 seems like a bargain
mleh, i know. but my child likes the cupboard!

lou xxx
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