According to Lord Browne’s report into tuition fees a degree is now worth ‘just’ £2,500 a year to ‘graduates’. This equates to £100,000 over a lifetime, after tax. This figure, however, doesn’t include student debt. So, is university worth it, from a purely financial point of view when student debt is included?
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Posts Tagged ‘ Student Debt ’
Why shouldn’t medics and engineers pay higher fees?
Student Finance woes for Freshers
It’s September, and as I write this hundreds of thousands of people (including myself) are preparing to head off to University. It’s meant to be a fantastic time: living for yourself, getting away from home, meeting new people. But for a worryingly large amount of people it won’t be, since they’re starting term without any...
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More student debt hyperbole
Student debt is set to rise to £23,500, according to the Push, the university guide. This is quite a lot of money, but as I’ve argued before, it’s less than you think. It’s certainly less than the £83,000 the Telegraph argue that a typical three year BA will cost once tuition fees increase. Here...
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Scrap the MA and face the recession
The current economic climate seems to be offering two options to people graduating this year: Job Centre or masters.
Students are taking to the latter choice in droves, which is good from the government’s point of view because it means they’ll all be going cap in hand to their parents or the banks to round...
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Labour are losers when it comes to university funding
When a university student leaves education, most will have thousands of pounds worth of debt. Tuition fee loans and maintenance loans all add up to a pretty hefty sum of money. We will all, or the majority of us at least, be sent out into the world with a massive debt on our shoulders...
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Student Debt: The Facts You Need To Know
Student debt. Two words that set the pulses racing, students screeching and politicians cowering. Every year university seems to get more expensive – mainly because it does. Tuition fees creep up, as the cap is subtly raised to account for inflation. Student accommodation becomes swankier and thus pricier. When you graduate you will almost...
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