I find the decision about nursing students difficult to justify.
Most students, with or without loans, have the opportunity to work and earn during university vacations. Given that nursing students are for much of their time on placements in hospitals when not at uni, they won't have that chance.
Also, most students could hold down a weekend or evening job, but as nursing students have to work shifts, they don't have that opportunity either.
From what I've seen they have a fair bit of responsibility on wards and are not there simply as observers.
I bèlieve they earn their bursaries and will be seriously disadvantaged by this change. Many young people who choose a career in nursing don't come from families who can subsidise them financially and rely heavily on their grants to get through.
Seems unlikely that nursing careers will become the prerogative of better-off families so I believe we are indeed looking at a real shortage in future.