The NUS have produced a new report on the state of Higher Education funding in England and Wales. Entitled Broke and Broken, it is an damning inditement of the consequences of variable fees and the marketisation of HE. This report has been written in anticipation of the 2009 review of HE funding. It lays out the pitfalls in the various aguments that may be used by those who want to see the cap lifted.
Over the next few weeks I will write a series of blogs setting out the main themes of Broke and Broken. At some point over the next semester this issue will also be coming to Guild Council.
Wednesday, 10 September 2008
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Hey Tom,
I read about the report the other day and Streeting made a very interesting point about how graduates are now paying so much attention to starting salaries to try and pay back student loans. As a result it puts graduates off working in public services, such as a nurse or a teacher because of their relative low pay.
What about a system whereby if you work in the public sector you don't have to pay student loan repayments, and if you stay in the profession for more than ten years you have them written off? But if you leave then you have to pay them? It would mean graduates who want to go into the public sector don't have to worry about whether their starting salary can pay off their student loan but make sure that the people the system benefits are those who genuinely want to work in the public sector (rather than just find a quick way of paying back their student loan).
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