@at_galloway @db2413 @Ninjamoose69 @marcusbarnett_ @zarahsultana You're right, most students will never pay off the loan so it's essentially a graduate tax. But most students won't pay off the initial loan thus never pay any of the interestJohn Alistair @john_alistair • 22 Jan 14:04 GMT
@ScaryNewDad @AJPMann @andygmckay @marcusbarnett_ @graceblakeley @zarahsultana Well that’s actually not true. The new system (post-2012) has the threshold at £25k. You wouldn’t be paying a penny if you were earning £15k.
Even under Labour’s system, the threshold was £17k.
Can you provide any proof of this other than hearsay? And details, too.
@marcusbarnett_ @zarahsultana is it “fair” other people should have to pay? Also it is not “debt”, it is not counted as “debt” and the underwriter if it is not paid back is the taxpayer. You are paying back from the additional money earnt from utilising your degree you would not otherwise have earnt over 25K.Matthew Hatch @Hatch526 • 22 Jan 03:13 GMT
@JSxully @Sludgemonger @marcusbarnett_ @zarahsultana Exactly - the real barrier to uni is living costs, and we need to up the amount available for that. We should copy what the Lib Dems did in Wales - £11.5k in funding per year, up to £10.5k of which is in grants for the poorest students.Jared Jeyaretnam 🇪🇺🧡 @jaredjeya • 22 Jan 00:38 GMT
@heidifuss @Sludgemonger @marcusbarnett_ @zarahsultana It's criticising *anyone* who stands against any interests of the poor or vulnerable. The ardent partisan thing is part of the problem right now, and I'm not playing into it.Josh Scully @JSxully • 22 Jan 00:15 GMT
@Itzena @Statick777 @offaltrades @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp No one is suffering - my lad is having a great time. When he starts earning over £26k or higher by the time he graduates then he will start repaying a fraction of what he owes. And instead of me having to pay like my parents did I'll be able to pay a deposit on a house for himJez Clein @JezClein • 21 Jan 22:57 GMT
@HammiRose @PlainSpeakingUK @bustermerlin1 @marcusbarnett_ @zarahsultana Are you seriously complaining about being on a higher salary than two thirds of people in work? The salary your education privileges you to? Pay your dues and get some perspective. If you can’t spare £100 a month out of your 30k plus income then you have other problems.Tory Landslide @Kunarian • 21 Jan 22:56 GMT
@offaltrades @JezClein @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp Yes other countries have much lower fees (if any) for higher education. £9000 is an absurd sum considering how little contact times students actually have.Beth Collins @Beth_collins186 • 21 Jan 20:57 GMT
@BjornRusthall @marcusbarnett_ @zarahsultana He is also much more of an expert than me on these matters. I can't see it putting that many people off, when on average a university graduate earns more than some who didn't goKieran @kieran4970 • 21 Jan 19:38 GMT
@BjornRusthall @marcusbarnett_ @zarahsultana If you won't believe me. Martin Lewis the money saving expert, I'm sure your 42 year old self would know who he is. Says it's more of a graduate contribution scheme than a debt in a conventional sense. And this labelling if it as a 50k debt is misleadingKieran @kieran4970 • 21 Jan 19:36 GMT
@marcusbarnett_ @zarahsultana I think there is an argument students are paying too much, money is being wasted on high exec salaries etc.
But for me students should expect to pay for their own education, why should people on lower incomes pay for it?
@JezClein @offaltrades @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp Proof please, as the evidence I've seen shows that average total tax is roughly the same now as it was in the late 80s. And yes, earning more is a big issue and isn't a "regardless". Entry level graduate jobs earned more then than now. If matters.localzuk @localzuk • 21 Jan 18:20 GMT
@Dianes_Bucket @brynismyname @ALEXC_1988 @cocainelizard @marcusbarnett_ @zarahsultana That's the opposite of what a safe space does. A safe space makes it possible for *everyone* to contribute. When students say they don't want hate speech platformed, it's because they want to allow the less powerful voices room to grow and marginalised people to access the space.Tesria @tesria • 21 Jan 17:05 GMT
@Ninjamoose69 @marcusbarnett_ @zarahsultana I'm not making much more than you & I'm paying back £87p/m. Interest has gone up since I left uni so I've no idea how much extra money I'll eventually pay. It's strange when you consider wealthy students pay in one big lump sum and therefore technically get a cheaper education.Carl Purcell🏴 @carlpurcell • 21 Jan 15:56 GMT
@PlainSpeakingUK @bustermerlin1 @marcusbarnett_ @zarahsultana It's a complicated and multi faceted problem which needs many different things to come together to provide a solution. But blaiming uni fees on not being able to get a mortgage is not one of them IMHO. #1 is a shift in mindset and NOT seeing a home as a form of income/profit.Danny @dannywilco • 21 Jan 13:50 GMT
@ItMustBeKate @Daedalus6 @Murf2727 @marcusbarnett_ @zarahsultana If you earn enough to repay the loan then the interest is all but meaningless to you and if you don't earn enough then you'll never pay a penny in interest anyway.John Alistair @john_alistair • 21 Jan 13:39 GMT
@Pritch529 @EmofJohnson @Nothenn @saintash1964 @Ninjamoose69 @marcusbarnett_ @zarahsultana Anyone who started studying before 09/12 is on Repayment Plan 1, which has a much lower monthly threshold. Wasn't until I hit £28k I was clearing more than the £50 a month (at the time, five-odd years ago) interestMild Peril @mildperil • 21 Jan 13:38 GMT
@ErfinderRotwang @marcusbarnett_ @zarahsultana Johnson (and I) didn’t have it because we didn’t have Blair sending 50% of kids to uni to avoid them being on the dole. Degrees in advanced basket weaving don’t come cheap you know.Ashurbanipal Socks @steve_b236 • 21 Jan 12:57 GMT
@andrew_behan @marcusbarnett_ @zarahsultana I suggested to a non graduate SWP member in central Manchester that he should consider who should pay for my sons degree. Him or my son. ‘Him.....obviously’ he told me proudly
Before going back to campaign against tuition fees.
@HullensianChris @marcusbarnett_ @zarahsultana If you regard using your degree as earning more money, then yes I agree. I think taking on 30-40k of debt is a hard sell for those wanting to be teachers and nurses etc, who require a degree to do the job.Chris Armstrong @chris1ar • 21 Jan 11:22 GMT
@PlainSpeakingUK @bustermerlin1 @marcusbarnett_ @zarahsultana Oh dear forgive me. £38 a truly crushing amount. Considering they probably need £30k to get on the housing ladder if we stop them paying for the education they benefit from then in just over 60 years time it'll pay for their deposit.Tory Landslide @Kunarian • 21 Jan 11:14 GMT
@marcusbarnett_ @zarahsultana We are not in the 70s anymore. The demographics of working class vs upper class, doesn’t exist in the same way. Everyone had more disposable income. Not just the rich. Grow up.Gordon Murray @GordonEdwardMu2 • 21 Jan 10:45 GMT
@qprmicky @AliceGodden @JezClein @offaltrades @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp Not really, no. The nursing schools are allied with the med schools, for good reason. There is no benefit to a separate nursing college. Courses could be paid for by the NHS (if the NHS were properly funded). HNDs are good qauls, equiv to year 2 of degree.Dr Crashmatt @crashmatt • 21 Jan 10:44 GMT
@PlainSpeakingUK @bustermerlin1 @marcusbarnett_ @zarahsultana I'm sure £9 a month of repaying student loans is the real issue here not the HUGE amount you need for a mortgage deposit that few except those on the highest incomes will be able to accumulate.Tory Landslide @Kunarian • 21 Jan 10:36 GMT
@qprmicky @AliceGodden @JezClein @offaltrades @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp But not everyone has this - an English degree also benefits society, but may not result in a better salary than someone going straight into work. Both have worked for three years, one has a large amount of debt, and the other is already on the career ladder.Dr Crashmatt @crashmatt • 21 Jan 10:06 GMT
@qprmicky @AliceGodden @JezClein @offaltrades @MartinSLewis @marcusbarnett_ @zarahsultana @MoneySavingExp Look at how many are at uni now - a degree does not confer the same career advantage, so lots of people are paying without gaining that ability to progress in the same way.Dr Crashmatt @crashmatt • 21 Jan 10:04 GMT
@nsgdm1 @HelenBarbaraSmi @marcusbarnett_ @zarahsultana That's the idea that's sold to the people with pea brains.
We have never used a nuclear weapon, never will and there is no need for it.
Deterrent is all bull.
@hagenilda @andygmckay @ScaryNewDad @marcusbarnett_ @graceblakeley @zarahsultana To an extent, I actually agree with you, Andy. The fees thing has if anything been used to scare poorer people off uni.
But the point is yes, we SHOULD have taxes at a level that can pay for what the country needs. Childcare AND a skilled workforce.
@marcusbarnett_ @zarahsultana Uni is a choice you make, and it's a choice knowing you'll have to pay back the loan - providing you earn above the threshold & within the 25yr timeframe & it's that small it is hardly noticeable. In the grand scheme of things someone on £26k losing about £50 a month is nothing.Sean Pearson @pearsonmeist • 21 Jan 07:26 GMT
@TwangAU @MellorSJ @offaltrades @marcusbarnett_ @zarahsultana @MartinSLewis @MoneySavingExp How much money was wasted on your education so that you could just go out and believe whatever populist guff you came across on the internet?hard fork neolib @_Capilano_ • 21 Jan 07:17 GMT
@Nothenn @saintash1964 @Ninjamoose69 @marcusbarnett_ @zarahsultana Yup. My statements each year are mainly interest, I'm barely touching the balance at all.
It's not a big concern in the grand scheme of things but it's not the insignificant payback we were told it would be.
@EmofJohnson @saintash1964 @Ninjamoose69 @marcusbarnett_ @zarahsultana I was told there was no chance the interest rates would go up multiple times by lecturers and advisors. Literally not even a year out of uni and it went up. Love itNothen @Nothenn • 21 Jan 07:11 GMT