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Originally Posted by Chris T
Congratulations, if you carry on half-quoting your opponents like that, you could be an MP before you're 30.  
So they're not merely upping interest, as you first suggested - they are offsetting that increase by removing tuition fees. Whether that makes this a cost-neutral policy or not, I don't know. But it is clearly less costly than you wanted us to think.   Tsk! |
The real cost of uni is the price of living, I am going to uni this year and i can afford the UNI fee (i'll admit that it will go up next year though). But its £3000 for living there THEN the price of equipment THEN the day to day living costs. I am not sure that scrapping the fee will completly off-set the cost. Especially how big the loans are. After all the fees went up for a reason so where is the money coming from?
The real question is if the intrest will start working from the day you take out your loan. If it does then how high can it get but the time you can start working? Or will it frezze until you start working?