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Originally Posted by Dupre
As a student who is already paying fees and is in employment.
They're an aweful idea, they ARE going to discourage "normal" working and middle class people from going, and will force people to goto the "lesser" universities, HOWEVER, what noone seems to realise is that this 3billion shortfall universities need is not that the "better" ones need more than the lesser ones, but that they ALL need more cash, so you'll see Newcastle to Central Lancs to Oxford all charging £3000 eventually. Noone will charge £1000 at all.
Im in favour of us students paying it back, but if we do earn over £15,000 (then we start paying back 42% of out income. thats more than someone earning £100,00 0 a year! and thats NOT our top rate of tax, if i earn £100,00 0 i would end up paying about 60% of my income to the government, so whats the point of going to university in the 1st place? i could work in a shoe shop and earn £15,000 and only pay something like 20% tax and be better off than someone earning that and with a degree.
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I'm puzzled here, where do you get the 42% of income figure from please?
afaik it is 9% of disposable income.
That means a person earning 20000 per annum would pay back about £74.00 a month.
BTW I am not in favour of the system - just asking.
