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Indentured Servitude :
« on: Feb 19, 2018, 03:33:51 am »
 

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Indentured Servitude : Student finance isn’t working



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Re: Indentured Servitude : Student finance isn’t working
« Reply #1 on: Feb 19, 2018, 03:34:14 am »
 

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The Independent


Student finance isn’t working, Theresa May admits as she launches major review
http://www.independent.co.uk/news/uk/politics/theresa-may-education-speech-student-finance-tuition-fees-academic-technical-a8216776.html





'Theresa May will admit that the current system of tuition fees is no longer working as she delivers a major speech pledging to overhaul post-18 education with a review of the entire system.

In an attempt to defuse the political damage inflicted on the Conservative Party since 2010 over the toxic issue of trebling tuition fees with younger voters across England, the Prime Minister will say that the system of variable fees has not resulted in the “competitive market” originally envisaged.

Instead, Ms May will accept: “We now have one of the most expensive systems of university tuition in the world.” Spam_A Spam_B Setting out details of a long-promised government-led review into post-18 education – due to conclude in early 2019 – Ms May will outline how she also aims to break down the “false boundaries” and warn against the “outdated attitudes” that favour academic over technical qualifications.

Supported by an independent chair and panel, it is expected that the review will look at all aspects of student funding, such as cutting or freezing tuition fees, as well as the contentious issue of interest on loan repayments, which stand at up to 6.1 per cent.'



Read More : Student finance isn’t working, Theresa May admits as she launches major review



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The Daily Mail


Revealed: The hidden cost of degrees for all as shock figures show almost HALF of graduates from worst universities aren't repaying loans
http://www.dailymail.co.uk/news/article-5643053/Shock-figures-half-graduates-worst-universities-arent-repaying-loans.html





'Most students enter university in the hope that their degree will land them a better-paid job. But almost half of graduates from some institutions are still earning less than £17,465 up to eight years after leaving college, The Mail on Sunday has learned.

The figure represents the threshold for paying back student loans for those who graduated between 2010 and 2014, and is well below the average UK salary of £27,000.

Bolton was the worst performing university, with just 56 per cent of graduates hitting the level. Its vice-chancellor George Holmes is paid more than £220,000 a year, and has controversially said that students should be inspired by being taught by rich people. Spam_A Spam_B Prof Holmes claimed starting salaries for Bolton students are lower because of reduced living costs in the town.

He said: ‘Students do not hit the payback threshold as quickly but have a better standard of living with more disposable income.’

Top of the league for well-paid jobs is the London School of Economics, where almost nine in ten graduates are earning above the threshold. The Mail on Sunday obtained the figures from the Student Loans Company, the Government-owned body responsible for administering loans.'



Read More : Revealed: The hidden cost of degrees for all as shock figures show almost HALF of graduates from worst universities aren't repaying loans



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