Posted: 10/07/2015 at 06:48
I do think that fees are too high, but the system has to be paid for. It was perhaps sustainable 25 years ago when I went to study, but with the ludicrous aim of half of 18 year olds doing a degree a free system with maintenance grants maybe isn't. Culling pointless courses and focussing on courses that will improve our economy, engineering, sciences, languages etc will help. I feel so sorry for my wife's cousin who studied something less vocational ,has a huge debt and is on a zero hours contract at TK Maxx.
An education is so important,you don't have to use it for your job, but if you don't have one you can't use it. Many employers seem to see a degree as a starting point are looking for masters and PhDs. In a competetive market, you need to stand out. If I recruit a scientist into my team, I can guarentee that over half the CVs are very bright candidates from India, Bangladesh and Eastern Europe.
If we could perhaps not call it a loan and have the stigma of debt hanging over our young's heads we might be better off. Politically it wasn't acceptable to call the repayments a graduate tax, but if there had been no formal debt but an extra 1p on the tax rate above a certain salary and 2p on a higher rate, it might have been easier for students and parents to accept.