Quote:
Originally Posted by smudgie
It wouldn't be so bad if they reduced the ridiculous interest rate.
As to students paying for uni education, I can't see why the taxpayer should pick up the bill. You have a choice to go or not, however there should be more proper apprenticeships available to give another option.
More students from lower paid families go now, so it is not a deterrent.
|
The tax payer shouldn't be picking up the bill because that would have an unnecessary impact on the vast majority of people. Government spending comes first and foremost out of newly created money (the central bank which they own). Tax comes later to partly recover that debt but there is no time scale on QE and providing its not flooding the market, and of course it wouldn't be if it was paying for further education, it could, if the government played its cards right, be a debt written off.
the problem with our present government is, they are not good economic managers. They can of course afford to pay for further education, just as they can afford a better education for our school children, better hospitals for the sick and better pensions to all those people who diligently paid their national insurance contributions all their working lives. What this government is doing is a misleading and socially destructive lie.