Daily Mail this morning....

banging on about feckin student debt.

Let's put income tax up to 30% to give em their grants back then shall we?

I bet the Daily Mail would love that...

*******

 

You are a bitter and twisted individual.

 

You, my friend, are a first rate, right wing, tory voting ******!!!

 

---

 

I'd love the *******'s to drop my tax rate to 30%

 

Do you pay above 30% tax on all your earnings?

 

The Irony....

Does it not make you wonder when papers like the Mail bang on abart students? What's the solution?

 

Oh and by the way

The Daily Mail are the ******* NOT students

 

How wrong you are!!!

Read the post again and think....

 

RE: The Irony....

I haven't read the Mail so I'm not sure what they are "banging on" about.

 

They are basically...

going on about the levels of student debt being at about 15k when they leave education, the thing that angers me is that they jump on this bandwagon to attack the government, but a sit stands the only answer to ending student debt would be to raise taxes and give the grants back....and the Mail would just love that wouldn't they?

 

You know I don't

But on my last pay slip I paid over £1600 in tax and national insurance.

i think that covers the student grant I got quite nicely.

 

Woah!!!

Here is the article

How do you conclude the Mail would love that to happen?

Unless there is something I have missed, it seems a fairly straight forward report. The mail does not seem to be supporting or condemning the findings.


'15 years to repay student debt'


Graduates will be in debt to the Government until at least their mid-30s once new university tuition fees are brought in, education officials have conceded.
They estimate that the average student would face a "likely repayment period of 13-15 years" after leaving higher education.

That is twice the present seven-year pay-off period calculated by the Institute for Fiscal Studies.

And the average level of debt, following the introduction of the annual fees of up to £3,000, would rise by around two-thirds to £15,000, the officials said.

Under the controversial new system, which only survived a Labour backbench rebellion by five votes, graduates begin to pay back the fees once they are earning £15,000 a year rather than having to pay them up front.

Around 400,000 students from poorer families will benefit from grants and bursaries to help cover the costs, and any unpaid debt will be written off after 25 years.

But reports in both the Daily Mail and The Times, predict that graduates will in fact face spending even more of their working life paying for their studies.

They said high street banks were predicting average debts of up to £20,000 by 2009 as students turned to them to top up the low-interest loans available from the state.

 

Students choose to go to Uni. Why should I pay for the privledge of them sitting on the backsides for 4 years and then moaning about not being able to get a job.

Kids, take a YTS scheme, get 4 years experience, whilst being paid for it. It'll stand you in far better sted than a B.A in social anthropology.

 

Like I said are you paying £1600 a month in tax. Do you even earn that?

Get to Uni you dopey tw@t

 

RE: Like I said are you paying £1600 a month in tax. Do you even earn that?

Erm, yes I do pay that it tax.....

 

Congratulations boys

You are obviously on around £80k a year, or more.

Blade would wet his pants in admiration.

 

So what proportion of people earning in the 40% tax bracket do you think

1. Went to Uni
2. Did a YTS scheme.

And when giving advice to young people to do a YTS scheme would you consider that that information would be relevent to them.

 

RE: So what proportion of people earning in the 40% tax bracket do you think

I did neither, I pay the majority of my tax in the 40% bracket.

 

The point isn't about bragging rights

It's a serious point that students pay their way and repay the investment the government puts in them, and statistically graduates, are more likely to be generating the income and therefore tax revenue than non graduates.

Of course there are individuals who do well without University, and Graduates who become bums, but generally the investment put in by the government is returned, in spades, so anything discouraging people to go to university is a bad thing all round.