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"Education, Education, Education....."

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Thu 14/08/03 at 16:23
Regular
Posts: 787
One of the slogans Tony Blair and Labour used to win the last election, and the one before that, was 'education, education, education'.

They, as in Labour, want more people to continue further education, go to university, for a variety of reasons, not least that it should boost the UK economy in the future and reduce things like crime and social security payments.

Today some of you are looking forward to going to University, and even more are probably on break from University.

SO, of people either going to or at university, you all fall into two groups. Those with a student loan and those without.

Those with a student loan, or just taking one on come september, will be glad to know that from September Mr Blair, along with Gordon Brown, has decided that he doesn't really want to give you a low interest rate on that loan anymore, the current 1.2% rate will be jacked up to 3.4% come September and there is not a thing you can do about it.

Those without, odds are you got fully screwed over for tuition fees every year, and even if your parents paid them it's still money taken from your family. Should you have any siblings hoping to go to university then the introduction of top up fees will further take your money from your family.

Now, a rise of 2.2% in interest rates may not seem big. So let's assume by your course end you have a £10000 debt including the interest you've accumulated. 1.2% a year raises that to £10120. 3.4 means it'll be £10340. An extra £260 gained just because Labour decides it wants your money. And this interest racks up year after year until you've paid it off, so should you find yourself unlucky enough to be on a low paid job of around £16000 then you may well pay very little off except the interest....

Not to mention that when you find employment the odds are you'll work the longest hours in Europe, lose a percentage of your salary over 10,000 a year to pay back your fees, after you've given a percentage of that salary to the government in the form of NI and tax, which again has been raised by Labour. And unless you get on about £30 000 a year you may as well forget house ownership anywhere decent, you'll have to rent unless you share or get married. And you'll pay VAT on the rent as well, and if you get married you get less tax breaks than you used to before labour.

Should you leave school at 16, be unemployed and either have a baby (if female) or have a partner have a baby, then you'll get housing, money, and everything else paid for you. Or if you happen to not fancy the contry you live in and decide to come to Britain as an illegal ecnomic asylum seeker, again you'll get most things for you, or at worst free stuff until we fly you, free of charge, back home.

All together, "Education, education, education"......
Fri 15/08/03 at 11:03
Regular
"Excommunicated"
Posts: 23,284
I was agreeing with you of how much Labour sucked until the end.

Yet, our Scottish Paraliament (with aid of Liberal Democrats I may add) changed our tuition fees. So that the government pays for them at present day and over the course of a number of years, you pay the money back when you have suitable employment.
Thu 14/08/03 at 21:16
Regular
"twothousandandtits"
Posts: 11,024
Bloody students. At least immigrants are prepared to do manual labour for less than the minimum wage. All students ever do is say "It's ironic".


By the way, this post was ironic.
Thu 14/08/03 at 16:23
Regular
"Best Price @ GAME :"
Posts: 3,812
One of the slogans Tony Blair and Labour used to win the last election, and the one before that, was 'education, education, education'.

They, as in Labour, want more people to continue further education, go to university, for a variety of reasons, not least that it should boost the UK economy in the future and reduce things like crime and social security payments.

Today some of you are looking forward to going to University, and even more are probably on break from University.

SO, of people either going to or at university, you all fall into two groups. Those with a student loan and those without.

Those with a student loan, or just taking one on come september, will be glad to know that from September Mr Blair, along with Gordon Brown, has decided that he doesn't really want to give you a low interest rate on that loan anymore, the current 1.2% rate will be jacked up to 3.4% come September and there is not a thing you can do about it.

Those without, odds are you got fully screwed over for tuition fees every year, and even if your parents paid them it's still money taken from your family. Should you have any siblings hoping to go to university then the introduction of top up fees will further take your money from your family.

Now, a rise of 2.2% in interest rates may not seem big. So let's assume by your course end you have a £10000 debt including the interest you've accumulated. 1.2% a year raises that to £10120. 3.4 means it'll be £10340. An extra £260 gained just because Labour decides it wants your money. And this interest racks up year after year until you've paid it off, so should you find yourself unlucky enough to be on a low paid job of around £16000 then you may well pay very little off except the interest....

Not to mention that when you find employment the odds are you'll work the longest hours in Europe, lose a percentage of your salary over 10,000 a year to pay back your fees, after you've given a percentage of that salary to the government in the form of NI and tax, which again has been raised by Labour. And unless you get on about £30 000 a year you may as well forget house ownership anywhere decent, you'll have to rent unless you share or get married. And you'll pay VAT on the rent as well, and if you get married you get less tax breaks than you used to before labour.

Should you leave school at 16, be unemployed and either have a baby (if female) or have a partner have a baby, then you'll get housing, money, and everything else paid for you. Or if you happen to not fancy the contry you live in and decide to come to Britain as an illegal ecnomic asylum seeker, again you'll get most things for you, or at worst free stuff until we fly you, free of charge, back home.

All together, "Education, education, education"......

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