Quote:
Originally Posted by Ignitionnet
Denmark and Sweden both eat approximately 50% of their national income in taxation, France marginally lower though this ignores some other deductions but they are, once the off the books stuff is taken into account, horribly in debt.
http://www.nationmaster.com/graph/ta...otal-as-of-gdp
Once health care, mandatory pension and social security are taken into account Germany and Netherlands also both have significantly higher burdens than the UK where this is rolled into general taxation.
We're Mid-Atlantic for better or worse and comparison to the US is probably fairest
When comparing to the US incidentally it should be noted that the quality of many US degrees is laughable. Do we want to go down that route? Are we already there?
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True, but the main point I was making is that most of continental Europe is subsidising Higher Education from general taxation, presumably in recognition of the economic benefits of an educated workforce. We are moving away from that, and I am wondering how wise that is given global economic developments. As has been remarked earlier, we don't need an all-graduates workforce, we need binmen as well. Let's just hope we're not making Higher Education so expensive that we end up with a workforce of just binmen, as that makes no economic sense whatsoever.