I'm sorry but if you can't run your university on £9k per student then you don't deserve to be in business. Secondary schools get £7k per pupil and provide full time education. £9k to get someone to talk to a room full of adults for a couple of hours a week is MORE than enough.
It's funny you think the full price of a degree is actually £9k. You know you will easily be paying five times the price if it wasn't for international students subsidising the tuition fees for domestic students?
Maybe some degrees only require a speaker but many degrees have costs way in excess of the what the students are paying. Fees are standarised across degrees in order to subsidise the really expensive ones.
Universities teach specialised courses that require equipment (such as engineering, medical, lab equipment or computing equipment) as well as more specialised educators. That’s in addition to research that makes the UK competitive internationally.
@@ria.ethyria I understand that STEM degrees have higher costs, but I refuse to believe that the equipment they have is so advanced, ESPECIALLY for undergraduate level, that they can't afford it on 9k per head (on top of all the grants that they get). I have been in science buildings when I was at uni and the equipment did not seem much more advanced than what you'll find in any secondary school chemistry classroom.
@@jeanneb7989 They're turning people into annuities. Humans are being turned into financial instruments through these rates. They don't want people paying it off, they want a consistent income stream until you're too old to earn enough to be of use to them lol
I agree, cap them at 2% instead of 8%, inflation is meant to be at 2% anyway. Although, most people still probably won't pay their loans off anyway, which isn't too bad since it's effectively a 9% graduate tax that gets dropped eventually, but it will be good if more people can pay them off.
Banks will just stop giving student loans if they are forced to cap interest rates at inflation rates. A typical bank loan is at 6-13% depending on how much you need to borrow, so 8% isn't something predatory for a student load. Folks these days feel the need to get into debt and lap up all these worthless courses, then don't even do anything with their degree afterwards. I've had colleagues say they are going to uni for "the uni experience" rather than for learning. University is just a daycare centre for young adults.
Universities report struggling for money, while paying their Vice-Chancellors huge, inflation busting pay rises. A fish rots from the head, even with a PhD and a fancy gown.
Yep, the current system that allows these parasites at the top to extract ridiculous bonuses is the problem. My uni has paid the vice-chancellor massive bonuses whilst simultaneously complaining about not having enough money and threatening to cut lucrative, popular, and influential courses. (Ironically including education courses with a track record of getting people employed in the field they studied, myself included)
@@Barnilsbrotv5678 Are you paying more taxes ? The shift has been towards closing tax loopholes for non Doms and private schools. All a good thing. Money for the health service is desperately needed. I presume you use it ?
@@angelabrooke5059 More money for essential services is good, but honestly what we need to be doing is cutting costs. Bureaucracy is strangling the UK. Look up how much money is needlessly wasted by the NHS due to requirements to abide by a load of bureaucratic nonsense. They should look for money by reducing expenses BEFORE they come looking for it from you and I.
@@angelabrooke5059😂 your gov is the laughing stock of the world PRISON FOR A COMMENT 😂😂😂 They LITERALLY let out 11000 PRISONERS to make room for SOCIAL MEDIA COMMENTERS 😂😂😂
@@maxkarpushko because they don't want people to realise half of them ain't worth the cost , speaking salary wise once qualified. Most tradesmen who don't go to uni make more money than a lot of uni jobs
Because price controls set the minimum price, regardless of what is on sale. This is why Turkey's price controls on food led to food prices shooting up. But never mind two thousand years of economic history, "Without price controls, prices would explode!" And to be honest they would, with guaranteed government backed loans...
im loving it these far left looni uni students getting a lil taste of what there protesting and far left crxx does to public . they got there wish a communist gov .
Getting rid of Corbyn didn’t change the fact that there beliefs are more towards socialism. Very dangerous and everything they are doing is leaning towards it. They just think the public are too stupid to realise
@ tell me you haven’t got a clue what you’re talking about, without telling me you haven’t got a damn clue what you’re talking about. 🤣🤣🤣🤣🤣🤣👍🏻👍🏻 Keep guessing, you’ll get something right by accident, eventually. 🤡
Seriously. I'm pretty middle class and my first thought was "if I'm being priced out, they've been priced out some time ago". This is insane. If I wasn't finishing uni this year I probably wouldn't be able to afford it.
Am I being dumb? Isn’t everyone within a certain age range eligible for student loans for their first degree? Why is this classist if most people don’t pay it off by 50 anyway? (Working class person here before you call me anything else) Edit: the only people who pay off a loan are those who can afford to do so, hardly anyone will have to pay MORE back because they will hit 50 before they are able to. It’s not different to it being £200 a year cheaper
@@smaaack If you're wealthy you pay it off before interest fucks you. If you're middle class, interest fucks you. If you're working class, either you're trapped and will never earn enough to pay it off, or if you eventually work your way into a upper middle lifestyle the interest has accumulated to the point where you pay far more than the poor or the rich. If you do well then you pay more than the man you're doing just as well as now in the end.
To be honest this is just a myth. The working classes broadly won’t even go to university even if it was free simply because working class people often do poorly in education in general. All the increase does is affect majority Middle Class people (who are always the ones campaigning for scrapping tuition fees) whilst saving the Worker the costs of paying for scrapped tuition fees of which they receive no benefit from. There is a reason university students all come out essentially the exact same whilst trying to act as if they are all different. Alongside this the working class are unironically better off pursuing a trade of some sort. It gives them far more wealth, perspective, intelligence than I’d say anything from university gives to people. Promoting this myth that university is some sort of golden institution should be entirely deconstructed. Most of the courses are for jobs that shouldn’t even exist anyway as they provide no productiveness or value.
@@billylardnerI would so much. Education should be free for all rich or poor. If could only write 3 things for my taxes to fund it would be healthcare, housing, education
@@marpjc I agree with you that education is really important, especially early education. And I think maybe there should be more of a focus in ensuring equality of early education. But for degree level, I'm not so sure. Maybe for in-demand disciplines like medicine, law, and STEM subjects. But I struggle to see how subsidising some other degree programmes (like hospitality or ethnic studies) are a worthwhile investment for the taxpayer. If someone wants to study something in further education, I think that's great! I'm just not convinced the burden should be on the taxpayer. After all, if you are spending these years in further education, you generally are aiming for a higher salary than you would have otherwise.
THE INTEREST IS RPI +3%!!! For the majority of students (plan 2) this is the most damaging thing about the student finance system and yet it's still not being talked about? The lack of understanding is unbelievable, the extra tuition fee is nothing compared to the way the interest compounds over time. The majority of students will pay more in interest Vs what they borrowed, as it's higher than mortgage rates and compounds monthly. WHY is none questioning this??? It was 8% very recently which has resulted in the majority of graduates owing over £50k. Please can SOMEONE say and do something to fix this injustice! INTEREST INTEREST INTEREST - this needs to be talked about!!
@@akakskdkYes this is true that's why I put (plan 2) which is what the majority of the outstanding student loans in the UK are made up of. The negative of plan 5 is that it wipes 40 years post the April after graduation Vs 30 years for plan 2, so if you are a low/ middle earner you will pay a lot more on this plan. If you are a middle/ high earner you will pay more on plan 2 because of the interest, potentially paying back 3 times what you borrowed because of this interest; I think this urgently needs addressing - it is completely unjust.
Then don't go to uni. Or study something else. We should be encouraging those interested in studying medicine, law, computer science, and more like these; in-demand employable skills. That's what will give you the right salary to pay the loan off.
@@billylardnerno it doesn’t. Masters in mathematics and phd in earth system science, but if you want to stay in research where you do a job that benefits humanity and very few others can do, there is no pay incentive whatsoever really. Select few will end up as professors and earn more but you won’t see that till your mid fourties, and is because they make you teach instead of research anyway
@@marpjc Maybe research is a good candidate for more public funding (it already is predominantly publicly funded). In the context of student loans, we're talking about a small percentage of students though. My comment was largely in the context of degrees like 'hospitality' or 'ethnic studies', and students looking to work in the private sector (or who have no idea what they want to do, and are going to university because it's "the done thing").
I work in the system. The overall amount makes no difference because it's based on your income. And 99% don't pay it all back. The amount of foreigners with indefinite leave to remain getting 13000 in childcare grants etc is the problem.
My sister studdied Law and litrely got a job makeing 1k under threshold to not pay anything back (for over 10 years) guess what she aint working in Law hahah you are 100% right
Crazy that so many people go to university. We have people with degrees who have never read a book cover to cover. Degrees mean nothing now and it's an insult to those who gained them in the 1980s and earlier
Well said. Going to university does not mean you will get a job. The level of intelligence needed for university nowadays is pretty low. Universities accept anyone just to get the money!
University should be STEM, Medical, done. Nothing else. All bullshit after that that could easily be training courses etc funded by employers themselves.
@ you haven’t been to uni, right? You type as if you never finished junior school, but kudos for taking on more intelligent people with such confidence. Maybe you will learn something useful, one day, maybe..
As if the Tories wouldn't do the exact same thing hahaha I think it's ridiculous too but it doesn't have to do with the party, it's the whole political and rich elite that are corrupt.
That's all in Govt since the late 90s. The UK was in trillions of debt back in 2008. All they did was plaster the cracks, then introduced austerity, then locked you all up so they could blame the flu for their incompetence. It worked because the mass plebs went along with it. Eat out to help out anyone 😂
The reason why fees are going up is because the Tories stopped international students from bringing their loved ones thus making it less appealing. Putting fees up further will drive away international students and the income they bring which in turn will cause student fees to sky rocket…
International fees are not capped so Universities can charge what they want. However it's an international market place and by putting the prices up sky high British Universities will just price themselves out of the market. The University of say Coventry isn't going to do well if they start charging more than say the University of California or Sydney. Coventry already charges between £16,800 - £20,050 a year already. The cost of which directly subsidises British students.
For most universities, 9k is far too much to pay, in terms quality of teaching and student outcomes. For some universities and subjects, 9k is too low.
If you can rule the country only by raising taxes you are a fool and know nothing about your job. Anybody can do it. Try to rule it by saving money working efficiently, cut the spending on not necessary things and so on, create a base for investments to come and business to stay
1. If the government didn’t raise student loans but, instead let all the universities go bankrupt or announced higher subsidies you would be the first to complain. 2. Name some not necessary spending which could be cut?
university, like health care, and everything else linked to government... is over priced. People take advantage of the system to enrich themselves. This is way too expensive.
public education is, if you want higher learning and a uni degree yer you are going to have to pay its how life works. Working class people have bigger problems that shannon not being able to get he gender studys degree + there are many other options for higher learning than uni.
@@gazz007the country should value education as essential and it should be covered by taxes. There’s very few things I would want my tax money going towards more than education
@@marpjc no it shouldnt why should my taxes now pay for your education , why should i pay for you to get a better paid job than me and live a better life, on your bike , you want it you pay for it
£250 extra per year is peanuts.... interest is another story - the 1:43 is hilarious.... If you start thinking going to uni or not for £250 then probably uni is not for you.... tourists. As for the fees in X years they will increase again and after Y again.... symptoms of an non-free educational system. The real question is Free vs Non-Free education and not Expensive vs Cheaper education - the rest is a slipery slope.
It is free [In Wales at least] as long as you're poor, disabled or not White... "Fee Waiver Scheme you are from an area of socio-economic deprivation or low participation in higher education (check your postcode online) you receive qualifying benefits such as Universal Credit. you belong to a Black, Asian or minority ethnic group. you are a refugee or asylum seeker. you have a disability."
If I’m being honest this means that if we’re heading in this direction, the tuition fee loan will have to increase, whilst I’m not a full expert on this and a lot of universities are struggling financially in the sector, you’d 9k would be enough as well for financial costs, with what they can get from students, I’m not sure how much the tuition fees will increase by but from a customer point of view, for someone that has to self fund and is poor this will make it even more expensive, if students are seeing this opportunity to chase their dreams and education to get them their dream career & potentially out of poverty.
@@richardbarton2709Don't make promises you can't keep. They knew they couldn't fulfil this promise when they made it. They had access to the data long before they made the promise. Their aim was to get votes. I'd rather be told a nasty truth than lulled by lies that lead to the same result with added disappointment. That said, the situation as a whole isn't entirely the fault of a single party, but of a continued stream of self serving, greedy, short sighted people who want to gain little even if it means others lose more.
One reform required would definitely be around bringing executive pay down, and lecturers pay up. Perhaps, get executives with the right values and ethics in place. All the grasping for money at the top of these organisations while treating lecturers delivering the courses with contempt, destroys motivation.
I dunno, take a big Uni like Manchester, they have a yearly revenue of £1.3billion. They pay their VC £230k. That's less than 0.02% of revenue. Tell me how much would you pay to hire a leader who's responsible for a complicated charity with revenues of £1.3billion?
Three cheers for labour🤣🤣🤣🤣🤣🤣🤣🤣 god the students must be pissed off that they voted them in, they even said at one stage that they would look to remove fees, you are being shafted
Hilarious ain’t it? The socialist left indoctrinated by their socialist professors deserve everything they get within the next 4 years. The conservative right (not the Tory party) have been telling them this for years but they just put their fingers in their ears and screamed “far right, racist, Nazis” shame on them 😂😂
"Wete gonna tax the rich so they pay their fair share" >actually raises prices on the working class and middle class (theyll somehow get more taxes from unis by allowing this) Every single time.
I wouldn't expect anything different from this Conservative government. At the next general election the choice is simple, vote Conservative, Conservative, or something else. I know what I'll be doing - no it won't be Lib Dem as they were the original architect of tuition fees.
They are only thinking about the universities as business’s wise But they will loose because people will avoid to go uni now. Students won’t go uni anymore
I'm so glad I already graduated in 2022 and paid off all of my debt. I feel bad for future students. This is gonna discourage people from going to uni. 😭😭
I am still paying off my student loan nearly 20 years after graduating. I have to say this pseudo anger about this rise is pathetic. I don't agree with tuition fees but it is the system we have now. A student borrows thousands upon thousands. An extra 200 plus quid a year will be paid off in 2 months at an average salary so 6 months overall. It is a drop in the ocean. Simmer down everyone. Bring back maintenance grants!!
For any students who are considering NOT going to uni, just remember that thanks to last week's budget, there won't be any apprentiships or trainee roles in private industry for much longer..... Voted Labour did you? Congratulations - you've just screwed your own future 👋👋👋
And Labour have not even warmed up yet. At least with the Tories when we got shafted you could ride your bike the next day , but with Labour we will be lucky to lift our leg over the saddle within 6mnths.
@@hiramabiff2017 do you not understand economics, national growth, basic politics, or what?? 🤣 You sound so certain. It’s a bit weird. Or maybe you’re here from the future with an important message? 🤣🤣🤣🤣🤣
@Unfortunately, they've been thoroughly educated about not believing anything that comes out of a politicians mouth. I refused to vote for them this time and they'll never get my vote going forward.
@@Random_Blip the labour party (who I'm not sure you can call "left") were more popular with people aged 25 to 50 than those under 25 who are more likely to be students - according to a yougov poll. I would also question how many of those under 25 that voted for Labour are students, rather than in work, but i haven't seen any evidence ethier way. Apathy was high and labour won very few votes of the total population in all demographics so i doubt they got a high % of all students and defo less thhan 50%. Regardless, it was those aged 30-50 that were important demographic that won the election for Labour and they as % were more likely to vote Labour.
"Universities found their real resources sinking with the freeze on tuition fees" This is after they were tripled in 2012, and didn't exist before 1998, something is fishy here
Education levels going down, fees going up🤦🏻♂️ I understand more difficult courses such as medicine and engineering require resources to use and learn from but let’s think how many new useless courses there are! All them gender and race studies, all those HR none sense! I went to Brighton for international business payed 12.5 coz I’m international, missed more than half my lectures and still passed. I’m not trying to say I’m smart I’m trying to say that level of education is definitely not worth paying for
At the point when universities are the worst they have ever been, they decide to raise the fees even further? The whole university system needs fixing from the ground up.
Just tell the students the government needs their money for the furthetance of the war in Ukraine, foreign aid for India's space programme and billions for green projects in Africa. Oh, and don't forget to tell them it could also be used for 'reparations'. They'll be perfectly understanding.
reform wanted to get more uk born kids in uni by wiping out all student fees and loans if they remained in uk working for ten years , having jobs filled with british born staff instead of people from abroad , guess these lefty loons messed up
Amuses me a little ,every time Bridget appears somewhere with Starmer she can’t help but mouth the words he’s saying because they’ve obviously rehearsed their speeches together. On the odd occasion you can see someone gets her attention as to what she’s doing and she suddenly stops .
Appalling. I find it preposterous university’s are struggling for money. During Covid, the degree I studied tripled in student size, whilst the staff count and facilities stayed the same. How is it possible a university lost money during that?
I see why the refund fees during 2020/2021 for university students during covid was ignored. Had like 250k students sign the pledge if my memory serves me correct about what I've said.
All Starmer is doing is to follow in Bliar's footsteps. Bliar promised to legislate against the introduction of TFs - he didn't do that, he went on to introduce them. Two lies. Starmer promised to end TFs - he's increased them. Another lie. Dishonesty is the means by which Labour gains power.
At this rate, what is the point of going to university when you cannot get a decent job at the end of it? You can barely afford your accommodation in some areas. Yes, the UK has some of the best universities in the world, but let us not forget all the international students that pay a lot more for their fees and upfront with no loan/ bursaries/ scholarships? With the salary graduates are on and afterwards what is the point? You’re better off working a blue collar job these days…less stress and no debt.
It's daylight robbery, shame on you Labour. You get charged an extortionate amount of money to study, but maybe unis need to look at paying some of their staff less in salaries to make up for the hole in their finances.
I'm sorry but if you can't run your university on £9k per student then you don't deserve to be in business. Secondary schools get £7k per pupil and provide full time education. £9k to get someone to talk to a room full of adults for a couple of hours a week is MORE than enough.
It's funny you think the full price of a degree is actually £9k.
You know you will easily be paying five times the price if it wasn't for international students subsidising the tuition fees for domestic students?
@inbb510 my friend, I'm pretty sure I would have been paying as much as the universities could legally get away with.
Maybe some degrees only require a speaker but many degrees have costs way in excess of the what the students are paying. Fees are standarised across degrees in order to subsidise the really expensive ones.
Universities teach specialised courses that require equipment (such as engineering, medical, lab equipment or computing equipment) as well as more specialised educators. That’s in addition to research that makes the UK competitive internationally.
@@ria.ethyria I understand that STEM degrees have higher costs, but I refuse to believe that the equipment they have is so advanced, ESPECIALLY for undergraduate level, that they can't afford it on 9k per head (on top of all the grants that they get). I have been in science buildings when I was at uni and the equipment did not seem much more advanced than what you'll find in any secondary school chemistry classroom.
Interest rates on student loans should be lowered. They are predatory.
@@jeanneb7989 They're turning people into annuities. Humans are being turned into financial instruments through these rates. They don't want people paying it off, they want a consistent income stream until you're too old to earn enough to be of use to them lol
I agree, cap them at 2% instead of 8%, inflation is meant to be at 2% anyway. Although, most people still probably won't pay their loans off anyway, which isn't too bad since it's effectively a 9% graduate tax that gets dropped eventually, but it will be good if more people can pay them off.
How about just don't go uni? It's a pointless scam.
Probably because the majority don't pay their loans back!
Banks will just stop giving student loans if they are forced to cap interest rates at inflation rates.
A typical bank loan is at 6-13% depending on how much you need to borrow, so 8% isn't something predatory for a student load.
Folks these days feel the need to get into debt and lap up all these worthless courses, then don't even do anything with their degree afterwards.
I've had colleagues say they are going to uni for "the uni experience" rather than for learning. University is just a daycare centre for young adults.
Universities report struggling for money, while paying their Vice-Chancellors huge, inflation busting pay rises.
A fish rots from the head, even with a PhD and a fancy gown.
Yeah, that's my issue with this whole 'university crisis'
Giving a vice Chancellor a raise makes literally 0 difference in any of this
@@ENZOxDV9citation required
Yep, the current system that allows these parasites at the top to extract ridiculous bonuses is the problem.
My uni has paid the vice-chancellor massive bonuses whilst simultaneously complaining about not having enough money and threatening to cut lucrative, popular, and influential courses. (Ironically including education courses with a track record of getting people employed in the field they studied, myself included)
@@ENZOxDV9 Already know that Einstein
Welcome to Labour everyone. Pay more taxes, get nothing back. Dont complain or you will end up in prison. Happy days
Don't forget peter files in the media getting away scot free.
@@Barnilsbrotv5678 Are you paying more taxes ? The shift has been towards closing tax loopholes for non Doms and private schools. All a good thing. Money for the health service is desperately needed. I presume you use it ?
@@angelabrooke5059 More money for essential services is good, but honestly what we need to be doing is cutting costs. Bureaucracy is strangling the UK. Look up how much money is needlessly wasted by the NHS due to requirements to abide by a load of bureaucratic nonsense. They should look for money by reducing expenses BEFORE they come looking for it from you and I.
@@ColtTheWolffacts.
@@angelabrooke5059😂 your gov is the laughing stock of the world
PRISON FOR A COMMENT 😂😂😂
They LITERALLY let out 11000 PRISONERS to make room for SOCIAL MEDIA COMMENTERS 😂😂😂
Why don’t degrees cost what they are worth? Why are they all the same price when the earning potential of them is vastly different?
This is actually a pretty good point. And I'm saying this as an engineering student - (we are expensive)!
Cause universities can’t be bothered to investigate each salary potential of their degrees. “Waste of money and time” they say lol
I say put the fees up but award the old fashioned maintenance grant for those born in the UK, studying to be doctors, nurses and engineers.
@@maxkarpushko because they don't want people to realise half of them ain't worth the cost , speaking salary wise once qualified. Most tradesmen who don't go to uni make more money than a lot of uni jobs
Because price controls set the minimum price, regardless of what is on sale. This is why Turkey's price controls on food led to food prices shooting up.
But never mind two thousand years of economic history, "Without price controls, prices would explode!" And to be honest they would, with guaranteed government backed loans...
When will people start to realise how dangerous this government really is? 🤦🏼♂️
They are still making excuses for them. It's like watching a car crash in slow motion.
im loving it these far left looni uni students getting a lil taste of what there protesting and far left crxx does to public . they got there wish a communist gov .
Getting rid of Corbyn didn’t change the fact that there beliefs are more towards socialism. Very dangerous and everything they are doing is leaning towards it. They just think the public are too stupid to realise
@ tell me you haven’t got a clue what you’re talking about, without telling me you haven’t got a damn clue what you’re talking about. 🤣🤣🤣🤣🤣🤣👍🏻👍🏻
Keep guessing, you’ll get something right by accident, eventually. 🤡
@ 7 month old account, no content, and apparently no clue about UK politics.
What ARE you good at?
Yet another lie, he pledged to scrap tuition fees.
It was Labour who started tuition fees!
@@jillosler9353didn't thr tories freeze tuition fees for the last 8 years, fairly certain they did.
That pledge was scrapped ages ago. It wasn't part of the election manifesto.
@@MyName-cw4yr yeah, after increasing fees by 200%
Classism written all over this - disenfranchised working class will continue to not go to University and that glass ceiling is now bulletproof 🙄
Seriously. I'm pretty middle class and my first thought was "if I'm being priced out, they've been priced out some time ago". This is insane. If I wasn't finishing uni this year I probably wouldn't be able to afford it.
@@ColtTheWolfdon’t be ridiculous. It’s only going up 3.1%, you’re still going to be debt when you leave 🙄
Am I being dumb? Isn’t everyone within a certain age range eligible for student loans for their first degree? Why is this classist if most people don’t pay it off by 50 anyway? (Working class person here before you call me anything else)
Edit: the only people who pay off a loan are those who can afford to do so, hardly anyone will have to pay MORE back because they will hit 50 before they are able to. It’s not different to it being £200 a year cheaper
@@smaaack If you're wealthy you pay it off before interest fucks you. If you're middle class, interest fucks you. If you're working class, either you're trapped and will never earn enough to pay it off, or if you eventually work your way into a upper middle lifestyle the interest has accumulated to the point where you pay far more than the poor or the rich. If you do well then you pay more than the man you're doing just as well as now in the end.
To be honest this is just a myth.
The working classes broadly won’t even go to university even if it was free simply because working class people often do poorly in education in general.
All the increase does is affect majority Middle Class people (who are always the ones campaigning for scrapping tuition fees) whilst saving the Worker the costs of paying for scrapped tuition fees of which they receive no benefit from.
There is a reason university students all come out essentially the exact same whilst trying to act as if they are all different.
Alongside this the working class are unironically better off pursuing a trade of some sort. It gives them far more wealth, perspective, intelligence than I’d say anything from university gives to people.
Promoting this myth that university is some sort of golden institution should be entirely deconstructed. Most of the courses are for jobs that shouldn’t even exist anyway as they provide no productiveness or value.
Let’s be honest they’ll tax literally anything they can
This isn't a tax. Would you prefer an increase in your tax to subsidise students' tuition fees?
@@billylardnerI would so much. Education should be free for all rich or poor. If could only write 3 things for my taxes to fund it would be healthcare, housing, education
@@marpjc I agree with you that education is really important, especially early education. And I think maybe there should be more of a focus in ensuring equality of early education.
But for degree level, I'm not so sure. Maybe for in-demand disciplines like medicine, law, and STEM subjects. But I struggle to see how subsidising some other degree programmes (like hospitality or ethnic studies) are a worthwhile investment for the taxpayer.
If someone wants to study something in further education, I think that's great! I'm just not convinced the burden should be on the taxpayer. After all, if you are spending these years in further education, you generally are aiming for a higher salary than you would have otherwise.
Tuition fees used to be free not so long ago. 😢
Blame Tony Blair for introducing them.
Still free in scotland.
@@CLWF3
16th year of being free to Scots.
Well 25 yrs ago...I was in my final year at uni in 1999 when one thousand pound a year fees were introduced.
@@trytellingthetruth.2068students should pay ,no one is forced to go to univesity.
This is absurd, each student pays a minimum of £9,000 annually and you are telling me universities cannot operate on this budget ??
Very disappointing, There isn't even a rizla pepper between Labour now and Tory's 10 years ago.
Labour introduced fees you 🤡
Not even the Tories we're this reckless with tuition fee's.
So the Universities go bust then Dhoo!
There was over two trillion pounds more in our GDP back then, before the tories totalled the economy with an impressively wide variety of ineptitude.
Also, it’s only for one year…
THE INTEREST IS RPI +3%!!!
For the majority of students (plan 2) this is the most damaging thing about the student finance system and yet it's still not being talked about? The lack of understanding is unbelievable, the extra tuition fee is nothing compared to the way the interest compounds over time. The majority of students will pay more in interest Vs what they borrowed, as it's higher than mortgage rates and compounds monthly. WHY is none questioning this??? It was 8% very recently which has resulted in the majority of graduates owing over £50k. Please can SOMEONE say and do something to fix this injustice! INTEREST INTEREST INTEREST - this needs to be talked about!!
Kids who graduate from Primery schools should be able to fully understand the covert greedy intrest rates.
It is all by designed.
Plan 5 is the new loan system and is just rpi so this isn't entierly true. Certainly for new generations.
@@akakskdkYes this is true that's why I put (plan 2) which is what the majority of the outstanding student loans in the UK are made up of. The negative of plan 5 is that it wipes 40 years post the April after graduation Vs 30 years for plan 2, so if you are a low/ middle earner you will pay a lot more on this plan. If you are a middle/ high earner you will pay more on plan 2 because of the interest, potentially paying back 3 times what you borrowed because of this interest; I think this urgently needs addressing - it is completely unjust.
What a rip-off....to end up on a non-graduate salary as well!
Then don't go to uni. Or study something else. We should be encouraging those interested in studying medicine, law, computer science, and more like these; in-demand employable skills. That's what will give you the right salary to pay the loan off.
@@billylardnerno it doesn’t. Masters in mathematics and phd in earth system science, but if you want to stay in research where you do a job that benefits humanity and very few others can do, there is no pay incentive whatsoever really. Select few will end up as professors and earn more but you won’t see that till your mid fourties, and is because they make you teach instead of research anyway
@@marpjc Maybe research is a good candidate for more public funding (it already is predominantly publicly funded). In the context of student loans, we're talking about a small percentage of students though.
My comment was largely in the context of degrees like 'hospitality' or 'ethnic studies', and students looking to work in the private sector (or who have no idea what they want to do, and are going to university because it's "the done thing").
Taxing education. SHAME!
I work in the system. The overall amount makes no difference because it's based on your income. And 99% don't pay it all back. The amount of foreigners with indefinite leave to remain getting 13000 in childcare grants etc is the problem.
My sister studdied Law and litrely got a job makeing 1k under threshold to not pay anything back (for over 10 years) guess what she aint working in Law hahah you are 100% right
Crazy that so many people go to university. We have people with degrees who have never read a book cover to cover. Degrees mean nothing now and it's an insult to those who gained them in the 1980s and earlier
That statement is completely untrue, easy to say, but not a shred of evidence to support it.
Well said. Going to university does not mean you will get a job. The level of intelligence needed for university nowadays is pretty low. Universities accept anyone just to get the money!
University should be STEM, Medical, done. Nothing else. All bullshit after that that could easily be training courses etc funded by employers themselves.
Totally braindead people going to uni now. Unnecessary and a waste of time. Plus AI coming for most office jobs anyway.
@ you haven’t been to uni, right?
You type as if you never finished junior school, but kudos for taking on more intelligent people with such confidence.
Maybe you will learn something useful, one day, maybe..
Labour vampires will suck the blood out of everyone, rich, poor, young and old, no one is overlooked by the predators.
The fastest growing group in the population will be spongers on benefits..... we'll, if you can't beat em
Dumb dumb
As if the Tories wouldn't do the exact same thing hahaha I think it's ridiculous too but it doesn't have to do with the party, it's the whole political and rich elite that are corrupt.
That's all in Govt since the late 90s. The UK was in trillions of debt back in 2008. All they did was plaster the cracks, then introduced austerity, then locked you all up so they could blame the flu for their incompetence. It worked because the mass plebs went along with it.
Eat out to help out anyone 😂
They won't do it to the rich only the poorest and most needy,commie labour @ssholes that they are
Increase the international fees instead. Lower the home fees. Lord knows we could do with a more educated population
Just cull all the rubbish courses and divert funds to the intelligent so they pay less and the other money to technical and trade vocations.
The reason why fees are going up is because the Tories stopped international students from bringing their loved ones thus making it less appealing. Putting fees up further will drive away international students and the income they bring which in turn will cause student fees to sky rocket…
@@AOK342don’t put your back out with that stretch ya freak
@@AOK342 I stubbed my toe today. Was that the tories fault too?
International fees are not capped so Universities can charge what they want. However it's an international market place and by putting the prices up sky high British Universities will just price themselves out of the market. The University of say Coventry isn't going to do well if they start charging more than say the University of California or Sydney. Coventry already charges between £16,800 - £20,050 a year already. The cost of which directly subsidises British students.
For most universities, 9k is far too much to pay, in terms quality of teaching and student outcomes. For some universities and subjects, 9k is too low.
Once you get someone into debt, you own them.
If you can rule the country only by raising taxes you are a fool and know nothing about your job. Anybody can do it. Try to rule it by saving money working efficiently, cut the spending on not necessary things and so on, create a base for investments to come and business to stay
Stop giving billions away, and stop financing foreign conflicts.
Well said! But the biggest fools are people who voted for him😂 jokes on them
so austerity.? the thing we did before.?
1. If the government didn’t raise student loans but, instead let all the universities go bankrupt or announced higher subsidies you would be the first to complain.
2. Name some not necessary spending which could be cut?
@@smaaackForeign Aid
The big missing thing is the maintenance loan is far too low.
Hate to say it, but rishi was actually correct during the debates while kier was lying on every metric
I wish they'd call it what it is - a graduate tax.
SICK...
Too much money spent on non academic staff.
university, like health care, and everything else linked to government... is over priced. People take advantage of the system to enrich themselves. This is way too expensive.
Education is not supposed to be subject of politics it MUST BE FREE
Paying more tax if you want it to be free, I guess.
All current serving members of Parliament had university for free, it was Labour who introduced tuition fees in the first place.
public education is, if you want higher learning and a uni degree yer you are going to have to pay its how life works. Working class people have bigger problems that shannon not being able to get he gender studys degree + there are many other options for higher learning than uni.
@@gazz007the country should value education as essential and it should be covered by taxes. There’s very few things I would want my tax money going towards more than education
@@marpjc no it shouldnt why should my taxes now pay for your education , why should i pay for you to get a better paid job than me and live a better life, on your bike , you want it you pay for it
Education is a must for everyone but it's shameless to increase the fees because not everyone can't afford due to cost of living
A total rip off, eternal slavery.
I bet the government will tax us on breathing 😂
That’s Labour again promising one thing and delivering another 😂
Well done to all the Labour voters.
£250 extra per year is peanuts.... interest is another story - the 1:43 is hilarious.... If you start thinking going to uni or not for £250 then probably uni is not for you.... tourists. As for the fees in X years they will increase again and after Y again.... symptoms of an non-free educational system. The real question is Free vs Non-Free education and not Expensive vs Cheaper education - the rest is a slipery slope.
It is free [In Wales at least] as long as you're poor, disabled or not White...
"Fee Waiver Scheme
you are from an area of socio-economic deprivation or low participation in higher education (check your postcode online)
you receive qualifying benefits such as Universal Credit.
you belong to a Black, Asian or minority ethnic group.
you are a refugee or asylum seeker.
you have a disability."
If I’m being honest this means that if we’re heading in this direction, the tuition fee loan will have to increase, whilst I’m not a full expert on this and a lot of universities are struggling financially in the sector, you’d 9k would be enough as well for financial costs, with what they can get from students, I’m not sure how much the tuition fees will increase by but from a customer point of view, for someone that has to self fund and is poor this will make it even more expensive, if students are seeing this opportunity to chase their dreams and education to get them their dream career & potentially out of poverty.
*"are we the baddies?" gif*
Lol if you voted for Labour! We’re screwed
People get the leaders they deserve.
I wonder how many university students voted Labour.
It's called karma.
Not Labours fault.
@@richardbarton2709Don't make promises you can't keep. They knew they couldn't fulfil this promise when they made it. They had access to the data long before they made the promise. Their aim was to get votes. I'd rather be told a nasty truth than lulled by lies that lead to the same result with added disappointment. That said, the situation as a whole isn't entirely the fault of a single party, but of a continued stream of self serving, greedy, short sighted people who want to gain little even if it means others lose more.
@@richardbarton2709 You still believe in the Tooth Fairy don't you?
@@richardbarton2709 Tony Blair Introduced tuition fees in 1998, Maggie Thatcher's fault I suppose?
And what about thoes who didn't?
I love the uk 🙃
One reform required would definitely be around bringing executive pay down, and lecturers pay up. Perhaps, get executives with the right values and ethics in place. All the grasping for money at the top of these organisations while treating lecturers delivering the courses with contempt, destroys motivation.
I dunno, take a big Uni like Manchester, they have a yearly revenue of £1.3billion. They pay their VC £230k. That's less than 0.02% of revenue.
Tell me how much would you pay to hire a leader who's responsible for a complicated charity with revenues of £1.3billion?
Just as we learn King ad Prince of Wales are ripping us off ad tax dodging. Strange world
So angry with Labour
Why?
Labour haven’t a clue what they're doing.
Even the students who voted this shower in are being stuffed, well done guys👍👍
Wow. Stuff in the UK costs money.
😂😂 theyre robbing literally everyone.
Three cheers for labour🤣🤣🤣🤣🤣🤣🤣🤣 god the students must be pissed off that they voted them in, they even said at one stage that they would look to remove fees, you are being shafted
Hilarious ain’t it? The socialist left indoctrinated by their socialist professors deserve everything they get within the next 4 years. The conservative right (not the Tory party) have been telling them this for years but they just put their fingers in their ears and screamed “far right, racist, Nazis” shame on them 😂😂
should of voted reform they was gunna make them pay zero if the worked in uk for ten years looool
"Wete gonna tax the rich so they pay their fair share"
>actually raises prices on the working class and middle class (theyll somehow get more taxes from unis by allowing this)
Every single time.
I wouldn't expect anything different from this Conservative government. At the next general election the choice is simple, vote Conservative, Conservative, or something else. I know what I'll be doing - no it won't be Lib Dem as they were the original architect of tuition fees.
Another nail in the coffin for social mobility. Well done Starmer 👏 👏 👏
It's because they put a cap on the overseas students who pay more in university fees compared to home students.
Anyways universities are earning a lot from foreign students …. Interest on Uk students loan should be lowered . It’s a rip off .
People voted them in, now why are they complaining? The majority wanted them
Its ok to put VAT on school fees then it's ok the to put up university fees. People voted for Labour this is what you get 🥳🥳🥳🥳
They are only thinking about the universities as business’s wise But they will loose because people will avoid to go uni now. Students won’t go uni anymore
I'm so glad I already graduated in 2022 and paid off all of my debt. I feel bad for future students. This is gonna discourage people from going to uni. 😭😭
As david cameron once said:
Bill somebody isn't a person, bill somebody is labour's policy
Another Labour lie. She has to go.
Student fee's. Where do they end up? Is it to keep our world class universities viable. Just asking.
I don't know what people were expecting voting for a party without a plan. Here are the results...
I am still paying off my student loan nearly 20 years after graduating. I have to say this pseudo anger about this rise is pathetic. I don't agree with tuition fees but it is the system we have now. A student borrows thousands upon thousands. An extra 200 plus quid a year will be paid off in 2 months at an average salary so 6 months overall. It is a drop in the ocean. Simmer down everyone. Bring back maintenance grants!!
Completely agree. My partner recently graduated £70k+ deep in student loans. An extra £1k is literally nothing on top of this
This is such a dumb comment. Look at all the countries around us. High quality education and they aren't extorted for it like us.
Daughter now unable to finish uni, what can i say, they've just ruined everything.
I wonder what the students who voted Labour thinking tuition fees would be more likely to be abolished than raised think.
Never trust these politicians.
For any students who are considering NOT going to uni, just remember that thanks to last week's budget, there won't be any apprentiships or trainee roles in private industry for much longer..... Voted Labour did you? Congratulations - you've just screwed your own future 👋👋👋
Only people who are not rich enough stay in the uk unless they are in London
Politicians ehhh. I thought my younger brother was a good liar
And Labour have not even warmed up yet. At least with the Tories when we got shafted you could ride your bike the next day , but with Labour we will be lucky to lift our leg over the saddle within 6mnths.
@@hiramabiff2017 do you not understand economics, national growth, basic politics, or what?? 🤣
You sound so certain. It’s a bit weird.
Or maybe you’re here from the future with an important message? 🤣🤣🤣🤣🤣
@@ascgazzHe/she speaks from long experience of every previous Labour govt... Experience which you clearly lack - but not for much longer 😂😂😂
Will anyone have any wages left
Didnt we vote for labour??
The base for a country prosperity is: education, health and safety... I think we are going through the wrong way.
Vote labour, sooo funny
That is why Starmer is a Tory in Labour’s clothes!
Lol , uni students are the same people who put labor in power
No they really aren't.
@@shabbydabbydo314oh yeees they were!
@Unfortunately, they've been thoroughly educated about not believing anything that comes out of a politicians mouth. I refused to vote for them this time and they'll never get my vote going forward.
@@shabbydabbydo314 Statistically it is the case, students by and large vote left.
@@Random_Blip the labour party (who I'm not sure you can call "left") were more popular with people aged 25 to 50 than those under 25 who are more likely to be students - according to a yougov poll.
I would also question how many of those under 25 that voted for Labour are students, rather than in work, but i haven't seen any evidence ethier way. Apathy was high and labour won very few votes of the total population in all demographics so i doubt they got a high % of all students and defo less thhan 50%.
Regardless, it was those aged 30-50 that were important demographic that won the election for Labour and they as % were more likely to vote Labour.
Remember International students pay £32,500-£35,000 at some unis, pales in comparison with what locals have to pay.
The education secretary has fabulous puppies. Yes, yes I said it. So ? 😂
In most European countries university is free and you just pay for exams which is usually under 1K
Because fudalilsm in UK has never finished. 😂
How come Scotland they don't paying anything they UK
Separate education system.
@ScottishRoss27 British isles we all should be equal isn't fair the Scottish students no fees
@@SmithJames-uw4bl
Scots Law starts at the Border.
"Universities found their real resources sinking with the freeze on tuition fees" This is after they were tripled in 2012, and didn't exist before 1998, something is fishy here
Education levels going down, fees going up🤦🏻♂️ I understand more difficult courses such as medicine and engineering require resources to use and learn from but let’s think how many new useless courses there are! All them gender and race studies, all those HR none sense! I went to Brighton for international business payed 12.5 coz I’m international, missed more than half my lectures and still passed. I’m not trying to say I’m smart I’m trying to say that level of education is definitely not worth paying for
Tax , Tax , and more Tax. Labour out.
Everything on this earth seems to be getting more expensive.
And people, dogs, and cats poop every day, grow old, and die.
Oh, poop is free.
This isn’t a true Labour government, they are behaving line Tories! 😢
it just gets worse and worse
Labour priminister is ruling the coutry as a solicitor than a politician ???????
At the point when universities are the worst they have ever been, they decide to raise the fees even further?
The whole university system needs fixing from the ground up.
Commit to sending billions to Ukraine and then say they can’t deal with university fees so charge the students more. Nice.
Just tell the students the government needs their money for the furthetance of the war in Ukraine, foreign aid for India's space programme and billions for green projects in Africa. Oh, and don't forget to tell them it could also be used for 'reparations'. They'll be perfectly understanding.
Increase university fees but getting jobs is near impossible…this country is finished.
reform wanted to get more uk born kids in uni by wiping out all student fees and loans if they remained in uk working for ten years , having jobs filled with british born staff instead of people from abroad , guess these lefty loons messed up
Plan should be, get educated in the West. Work in a tax free country like Bahrain, Abu Dhabi, Dubai and retire in the Caribbean.
Amuses me a little ,every time Bridget appears somewhere with Starmer she can’t help but mouth the words he’s saying because they’ve obviously rehearsed their speeches together. On the odd occasion you can see someone gets her attention as to what she’s doing and she suddenly stops .
Appalling. I find it preposterous university’s are struggling for money. During Covid, the degree I studied tripled in student size, whilst the staff count and facilities stayed the same. How is it possible a university lost money during that?
I see why the refund fees during 2020/2021 for university students during covid was ignored. Had like 250k students sign the pledge if my memory serves me correct about what I've said.
The fewer international students, the higher the tuition fees.
Bet they regret voting labour now 😂😂😂😂😂
All Starmer is doing is to follow in Bliar's footsteps. Bliar promised to legislate against the introduction of TFs - he didn't do that, he went on to introduce them. Two lies. Starmer promised to end TFs - he's increased them. Another lie. Dishonesty is the means by which Labour gains power.
At this rate, what is the point of going to university when you cannot get a decent job at the end of it? You can barely afford your accommodation in some areas. Yes, the UK has some of the best universities in the world, but let us not forget all the international students that pay a lot more for their fees and upfront with no loan/ bursaries/ scholarships? With the salary graduates are on and afterwards what is the point? You’re better off working a blue collar job these days…less stress and no debt.
Things can only get higher !
Labour the same 💩 every where
Beautiful
UK is getting better and better
It's daylight robbery, shame on you Labour. You get charged an extortionate amount of money to study, but maybe unis need to look at paying some of their staff less in salaries to make up for the hole in their finances.