I Will Deal With It

Trisher my students parents pay for their education as I work at an independent school that is not state funded. Education is state funded for all children up until 18. At that point the student becomes an adult not a child. 3x9 are £27,000. At the point my DD did her degree we paid her fees which were about £3500 per year. It was on a scale according to earnings and parents had to pay. We also paid for her accommodation to keep her debt down. She got student loan to pay general expenses and food. However she got career development loan from bank for doing masters another student loan for accommodation and expenses whilst doing masters. Bank loan repaid and student loan almost paid back as she overpays each month to reduce interest. It can be done by careful budgeting. The reason the system changed was because not all parents could/would pay for their child to go to university so government thought that was unfair on student so brought in loans to be repaid by students. Parents could still pay (as they used to do before) and help their child reduce their loans quicker.

He certainly promised to abolish student loans 'later this year' if Labour won the GE - if that isn't bribery I don't know what is!

I see this thread has turned into another JC-slagging thread... he didn't actually say he was going to cancel all student debt - but why do I bother reiterating it?

You are correct Roses. I teach 14-19 year olds and it is very clear some are not cut out for academic study. Some students refuse to hand in homework and only do minimum in lessons and without pressure they would do even less. These students will not achieve in Higher Education where more emphasis is on independent study. We do advice some students it may be best for them to consider an apprenticeship or similar but it often falls on death ears especially with parents. The sad thing is we often hear that XYZ has dropped out after the first year as they failed first year exams. Then they are too old for apprenticeship as employers don't want to pay higher rate. You can get jobs without a degree. My DS1 is a lorry driver and earns approximately £30,000 whereas my DD went to Uni and did masters and earns about the same. She had student debt and he did not. University is not the answer for all.

JC said on NME

'And I don't see why those that had the historical misfortune to be at university during the £9,000 period should be burdened excessively compared to those that went before or those that come after.
'I will deal with it.'

Read more: www.dailymail.co.uk/news/article-4722162/Corbyn-admits-no-cost-wiping-student-debts.html#ixzz4nlF7sozS

Yes, roses, another half-baked aspiration from Tony Blair. (re your post of 16.02)

Exactly ninny saying you will deal with a problem means that you will sort it!

Young people need to think hard and long before they committ themselves to going to a University.This is where school advisors/teachers come in, they know who would benefit from a University education and who would be wasting their time.
Clever people from all backgrounds should go, they will only pay back their loans when earning a certain amount once they start work.Those who are not really Uni material should ponder on whether it's a good deal for themselves to go to second rate Uni's doing a media studies or similar course, come out with huge debts and end up taking any old job.Staying at school and doing A levels and then getting a job would be the best course of action for them, or becoming an apprentice.
I really feel that young people have been sold a pup as reagrds Uni's, their futures have been heavily talked up, and then the reality doesn't match the fantasy.

If you are an honest person and you say you will deal with something later, I expect an honest person would. If you are a lier and conman and you say you will deal with it later chances are you have no intention of dealing with it and are just spinning a line.

So if a mother says to a naughty child " I'll deal with you later" does that mean make it disappear?

Yes but you don't promise to get rid of student debt a few weeks before a general election with no intention or means to do so if you were elected, but of course he knew he wouldn't get elected so he and the Labour party told lie after lie and made promises they knew they couldn't deliver. He's not only a shyster but lier. Were you duped Trisher into voting for him well more fool you for doing so in my opinion.

Surely smileless there is more than one way of dealing with a problem - it doesn't mean waving a magic wand and the problem disappears.

In answer to your question Anniebach, I would expect anyone who told me 'they'd deal with it' to do just that; no ifs, buts or maybe's.

They may understand it Primrose65 but they're not talking about it are they?

I think everyone understands the issues around student debt, even the Tories. I also think some people who voted Labour will now understand what 'I will deal with it' actually means.
Telling them they are wrong to feel disappointed at best, or duped at worst, will not change the way they feel.

So if Corbyn is a "shyster" when at least he admits there is a student debt problem what are all the rest of the politicians who are pretending that there isn't a problem and trying to convince you that all is well? It isn't going to go away. It isn't going to be paid off. It isn't going to do what the people who introduced it thought it would. So what is the answer? In order to find the answer you have to first acknowledge the problem.

Corbyns a shyster he knew he wouldn't win the election so he promised the earth to the gullible voters knowing there was no chance he had to deliver to get a few more seats.

It's interesting to talk to students who voted for Labour at the last election. I showed the voxpolitical blog post to my youngest and her language was explicit! Her view (just one student) was 'next time Labour come canvassing, I'll show them this' - a middle finger salute.
May not be representative of all young Labour voters, but I think the 'we never said that' approach doesn't sit well with recent graduates.

Read the tax research newnanny it explains the situation perfectly. This "we can't afford it because there are more" was probably used when the school leaving age was raised from 14 to 16, but we coped. I don't suppose you think your students should pay for their education so why should they pay at 18? Is there some magic transformation that takes place? I suppose buying a house largely depends on where you live. Also student debt seven years ago was very little compared with the £50,000 that most will come out with now.

I personally think degrees for nursing, teaching, health visitors, social work and other public service could be free as those professions will never be rich and we need those people but other degrees should be kept to current arrangements and paid for by students if and when they earn over a certain amount as graduates will earn a lot extra in their life time. It is not feasible for all students to get free degrees as in the past as then only less than 20% went to university and now over 50% go. Also it means the ones who don't go will have to pay indirectly for the ones who do go and on average earn a lot more so is morally wrong. Student debts can be repaid. My DD and her DH are both paying back student debts seven years after graduating but it has not stopped them saving for deposit and buying their own house and having child.

May students voted Lib Dem when they were promising students would not have to pay for degree level education but once they were in power with Conservatives and did not deliver students did not vote for them again. I expect many disillusioned YP still paying off their own student debt may not vote for JC again. I personally think he also picked up some pensioner votes as promising to keep triple lock on pensions for all pensioners as well as current student vote.

JC went to Glastonbury and told students education would be free from now on nad he would deal with debt for previous students. I recently heard JC say on TV he was not sure how much it would cost to make student debt problem go away for YP. He is as clueless as DA about finances. He seemed to invent new promises each day in run up to election. At one point he was not only offering the world for school he was also offering every child in country to learn a musical instrument. That musical tuition is expensive and there would not be enough teachers qualified to teach it but that did not stop JC. I teach 14-19 year old students and I am still often shocked at how vulnerable they are in their beliefs of politicians. Most seem to not to realise politicians are infallible. Many students in debt possibly would vote for the devil himself if they were told their debt would be wiped, They are so stressed about debt.

Your youngest was lucky Devorgilla. Student debt is taken into account in mortgage applications and has affected my youngest son. It is included in the 'affordability' calculation.

www.thisismoney.co.uk/money/mortgageshome/article-2646007/Student-loan-debt-IS-considered-applying-mortgage.html

Agree with what you posted dj in my view we as a country benefit enormously from a well educated population and should pay for it.

The rest of it is worth reading, too, trisher, and the replies.