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Author Uni Day: "Interest Rate Reduction for Income Contingent Loans"
monty46
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Registered: 27th Jan 08
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10th Dec 08 at 02:31   View User's Profile U2U Member Reply With Quote

so would you rather i went to Uni enjoyed myself while getting a degree whic i can get a very good job with or sit around on my arse claiming benefits?
Mase
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10th Dec 08 at 03:42   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
quote:
Originally posted by Aaron
quote:
Originally posted by Ojc
the minority.


So you were generalising on a massive scale then right?


No, everyone I come into contact with who has been to Uni now do absolutely nothing to do with what they studied at Uni.

We have Uni students come into my place for interviews, no financial industry experience and because they have a degree in business studies believe they are going to start at the top of the ladder, big ideas and end up not being able to work in a high pressure sales office in the 'real world' as it's to much for them, to many years dossing around on their arses dreaming the big dream, but when it comes down to it they are useless.

I'm not saying this applys to all, but a vast majority we see at work.


If I hadn't spent a year above on placement I don't think I'd have aquired anything like the level of knowledge I have now. University is good if you can not only understand the theory, but also apply it where necessary.... this is the cruical part.... without that ability to apply what you have learnt, you are useful to nobody....


Mase
Ste
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10th Dec 08 at 04:12   View Garage View User's Profile U2U Member Reply With Quote

I know a lad that went to uni and came out with money in the bank and a car. He didn't have money to start with, he just got a job that payed his way through uni and come out of it with a degree, life experience and a car. He now has a decent job. They should stop student loans as they encourage students to be bums. The quicker you learn to fend for yourself the better and pay your own way in life. Nuf said


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
Colin
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10th Dec 08 at 07:46   View User's Profile U2U Member Reply With Quote

Yeah of the 2 close mates of mine that went to uni one is now a maths teacher & other is an engineer on a drill ship earning around £80k, hes only 23 aswell.
CorsAsh
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10th Dec 08 at 20:06   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
No, everyone I come into contact with who has been to Uni now do absolutely nothing to do with what they studied at Uni.

We met at the Pod.

Exception to your rule?
JonnyJ
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10th Dec 08 at 20:11   View User's Profile U2U Member Reply With Quote

Student bums










just taking my chance to say that now im no longer a student and a "real working man"
ssj_kakarot
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10th Dec 08 at 21:28   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ste W
I know a lad that went to uni and came out with money in the bank and a car. He didn't have money to start with, he just got a job that payed his way through uni and come out of it with a degree, life experience and a car. He now has a decent job. They should stop student loans as they encourage students to be bums. The quicker you learn to fend for yourself the better and pay your own way in life. Nuf said


and how do you propose people who attend uni full time which in fact is only 12 hours but sometimes the first lesson will be at 9am and then the next will be at 1pm can work enough hours to actually pay for uni which includes:

£3150 a year for tuition
around £200 - £300 for books (if you want to buy them of course)
travel expenses £30 a week for petrol for me. parking is £1.50 a day also.

i have a job whilst at uni, work quite a lot of hours and there no way i could afford to pay for my fees ect

not to mention if you live away from home your rent is around £2500 - £3000+ a year, obviously none of that includes food ect.

so how can someone go to uni and earn enough to not take on a loan?


yes a few years ago it will have been possible to pay your fees as it was around £1000 but now the full thing is a money making scam and were charged a bucket load for every aspec of the whole uni experience

[Edited on 10-12-2008 by ssj_kakarot]
Ste
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10th Dec 08 at 21:40   View Garage View User's Profile U2U Member Reply With Quote

A money making scam? You go to Uni presumably to enhance your skills and knowledge so YOU can earn more money. It should be charged in full to everyone and get rid of all loans and grants. If you really want it you will get it.

Look at the Americans, parents start saving as soon as their kids are born to put them through Uni.

It is no wonder this country is in such a state when people expect everything for nothing and not willing to pay for anything.

there are 168 hours in a week.
take off 8 hours per day for sleeping and the 12 you are in uni = 100 hours. There is no excuse in the world for not getting out of your pit to get a 38 hour week in.

All this bollocks about how hard done by students are is annoying. you have it on a plate for you in this country.


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
deano87
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10th Dec 08 at 21:43   View User's Profile U2U Member Reply With Quote

You might be in Uni 12 hours, but there is a hell of a lot of stuff to do out of it as well in terms of the work load.

If you're doing the right degree and working to get the best possible grade that is.
Ste
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10th Dec 08 at 21:46   View Garage View User's Profile U2U Member Reply With Quote

I just know that a mate of mine did computer sciences, got a 2:1 and come out of it with no debt and a car. He isn't particularly bright so must have had to put the work in.


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
ssj_kakarot
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10th Dec 08 at 22:07   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ste W
A money making scam? You go to Uni presumably to enhance your skills and knowledge so YOU can earn more money. It should be charged in full to everyone and get rid of all loans and grants. If you really want it you will get it.

Look at the Americans, parents start saving as soon as their kids are born to put them through Uni.

It is no wonder this country is in such a state when people expect everything for nothing and not willing to pay for anything.

there are 168 hours in a week.
take off 8 hours per day for sleeping and the 12 you are in uni = 100 hours. There is no excuse in the world for not getting out of your pit to get a 38 hour week in.

All this bollocks about how hard done by students are is annoying. you have it on a plate for you in this country.


what you really have no idea at all.

its a rip off because it used to cost a lot less.

how on earth can someone get in a 38 hour week go to uni for 12 and do all of the essays and reports/ group reports and dissertations lol you obviously have a very ignorant/misguided view of what uni life is.

i meen how on earth could i get more hours in than i do take for example monday, im in a lesson at 9am which meens to get to uni i have to commute 15 miles through heavy traffic so i have to set off at 8, the lesson ends at 10am and my next lesson starts at 2pm till 5pm so are you suggesting i finish my lesson at 10am drive 15 miles again to go home attend my job for about 2 hours then drive another 15miles to get back to my lesson and then do the same journey to go back home.

yeah of course its just me being lazy not being able to get 38 hours a week in, i must try harder.

not to mention you need to factor in food, times that work would actually accomadate me and having a social life.

and i presume your mate attended uni when the grant and fee system was compleatly different, meening he would have to pay 1 third of what people are paying for now and most probally would get a grant.

if you charge every one in full with no grants then you will only have students whos parents have a great deal of money attending as they can actually afford to pay for them.



also no i dont go out drinking and pissing my money up the wall all the time, i rarely go out as im usually at work, i get no grants at all just the basic loan, i work every sat and sunday and monst of the time days through the week, and i meen 6am - 5pm days usually, there is no way on earth i could afford to pay for fees, tracel, books ect ect

[Edited on 10-12-2008 by ssj_kakarot]
Andrew
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10th Dec 08 at 22:09   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
Raise it, get these fuckwits into jobs rather than wasting tax payers money.


Am I missing something here?

My parents paid for me to go to uni. I'm a fuckwit because I actually used my brain than a physical part of my body?

My opinion is, you're the fuckwit for coming out with that statement. You don't even have the common sense to think before you type.

The people who come out with statements like this are the ones who didn't go to uni. Why did they not go to uni? Either they couldn't be arsed, were not up to it, a little like Ollie here, or did not have the opportunity.
deano87
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10th Dec 08 at 22:11   View User's Profile U2U Member Reply With Quote

I'm not defending anyone here Andrew, but may be, just may be, it was a joke
Andrew
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10th Dec 08 at 22:17   View User's Profile U2U Member Reply With Quote

It just annoys me Deano. People think uni is easy.. But look at those students who do a full time uni course and a part time job. It's hard!
Adam_B
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10th Dec 08 at 22:18   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Fad
Seriusly though why havent they done this...if they can sit at home necking stella why can't they go out and paint a bloody fence or something. If they resist take it away and send them to the next best place to Iraq....Luton

It was on the news today that certain people are going to have to start working if they want all the benfits they get. However it doesnt come into effect untill something stupid like 2012 ffs. Why cant it start now?
Ste
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10th Dec 08 at 22:26   View Garage View User's Profile U2U Member Reply With Quote

I know how much work there is and that the hours are shit, but really there is no reason what so ever for giving uni for free. It is not compulsary education, if you want it you should earn it.
It costs a lot of money to run a university and pay the lecturers. Why should my money be used to subsidise anyone going to uni?
My missus worked her arse off during uni and had a loan which she blew on clothes and shite but admits now that she shouldn't have got the loan and used her wages to pay fees, this was only a year ago so she had full fees to pay.

There are no excuses as i said. Why not spend you time between lectures doing your uni work then work evenings to pay for it.
How would you feel if you had to contribute some of your student loan towards my Civil avaiation license so that i can go out and earn more money? FFS, you don't even pay tax as a student. you really have it on a plate.

[Edited on 10-12-2008 by Ste W]


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
ssj_kakarot
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10th Dec 08 at 22:31   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ste W
I know how much work there is and that the hours are shit, but really there is no reason what so ever for giving uni for free. It is not compulsary education, if you want it you should get it. It costs a lot of money to run a university and pay the lecturers. Why should my money be used to subsidise anyone going to uni? My missus worked her arse off during uni and had a loan which she blew on clothes and shite but admits now that she shouldn't have got the loan and used her wages to pay fees, this was on a year ago so she had full fees to pay.

There are no excuses as i said. Why not spend you time between lectures doing your uni work then work evenings to pay for it. How would you feel if you had to contribute some of your student loan towards my Civil avaiation license so that i can go out and earn more money? FFS, you don't even pay tax as a student. you really have it on a plate.


so you think someone should attend uni everyday then go to work everynight?

doesnt that seem a bit over the top, and its not free students pay every bit of there loans back and all of the intrest that gets added onto it during the time.

when exactly would someone have time to actually live there lives if they work every night and attend uni everyday also?

and even if i worked every night 5 - 10 thats still only 25 hours a week at about 6 an hour which is 150 a month thats not a lot at all factoring in travel, food, clothes ect ect.

NB: students do pay tax if they earn enough, over summer term when im pretty much working full time i pay tax so yes i also contribute to other peoples loans
deano87
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10th Dec 08 at 22:32   View User's Profile U2U Member Reply With Quote

Tax, VAT, duty. . .it all goes in the same fucking pot.
Ian
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10th Dec 08 at 22:35   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ssj_kakarot
what you really have no idea at all.

its a rip off because it used to cost a lot less.

meen
im
accomadate
compleatly
meening
probally

It didn't cost less. Education has never cost less, it's just that previously students were funded externally to attend there. The amount the universities have received were largely identical to the amounts which they receive now, except in those cases where better universities have chosen to ask for more money in exchange for better quality provision. Which statistically results in better earnings for its graduates.

The difference being, those people who INVEST in their future in order to EARN MORE now have to pay for that privilege themselves. This isn't the price going up, this is the amout of support going down. Which is a political shift, not an educational one.

Perhaps it is you who has no idea. Judging by the standard of that spelling, it's a good job that you don't work, you need all the time in the classroom that you can get.

I know a great many people who came through the system with good degrees and less debt that they may have due to the fact that they earnt money during the time there. They're also earning good money now. I also know people who bummed about, got in to debt and did nothing with the degree when they left. Sadly the latter were actually in the majority.

[Edited on 10-12-2008 by Ian]
Ojc
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10th Dec 08 at 22:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Andrew
quote:
Originally posted by Ojc
Raise it, get these fuckwits into jobs rather than wasting tax payers money.


Am I missing something here?

My parents paid for me to go to uni. I'm a fuckwit because I actually used my brain than a physical part of my body?

My opinion is, you're the fuckwit for coming out with that statement. You don't even have the common sense to think before you type.

The people who come out with statements like this are the ones who didn't go to uni. Why did they not go to uni? Either they couldn't be arsed, were not up to it, a little like Ollie here, or did not have the opportunity.


You truely are a fuckwit of the highest order, it's idiots like you that I dislike the most, go to Uni and think they are instantly better than everyone else.

Wasn't up to it take a guess at my GCSE results and see if they reflect my intelligence, because I can tell you now I truely did not GAF about education in the slightest. By Year 8 of secondary school I was setting fire to tables and fingering girls up the park.

Sorry what? I couldn't be arsed to go to Uni? WTF More like I COULD be arsed to go and find a job. I was out of school in June 1999, imagine how daunting it was for me as a 16 year old, August 1999 and I was working full time in a well paid job (for a 16 year old working in the financial industry).

What you and many other idiots tend to forget (government included) that some kids just don't want to learn anymore, they WANT to work, get on with their lives, 11 years worth of education was more than enough for me. My ambition was to have money in my pocket and fend for myself.

I wanted to earn money and gain life experience rather than waste 5 years of my life living like a fucking bum in some shithole Uni with a load of other dossers living off mummy & daddy, or the government.

I don't begrudge people going to Uni, as long as they intend to do something with their lives afterwards.
Ian
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10th Dec 08 at 22:40   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ssj_kakarot
its not free students pay every bit of there loans back and all of the intrest that gets added onto it during the time.
The choice is don't go. The decision to spend the money on it should be based quite firmly on the opportunities which going there should present you with.
Ojc
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10th Dec 08 at 22:44   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Andrew
It just annoys me Deano. People think uni is easy.. But look at those students who do a full time uni course and a part time job. It's hard!


You do not know the meaning of hard. None of us have got it 'hard' I can tell you that.
deano87
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10th Dec 08 at 22:44   View User's Profile U2U Member Reply With Quote

I am at Uni. I get the Tuition Fee loan. I also get the very minimum 'Maintenance Loan' which equates to £55 per week, with £30 left over at the end of the 3 periods of payments.

I spend about £30/week on fuel (after cutting down on my driving, not going to see the missus). And about £15 on parking. This leaves me with £10.

Needless to say, I have to work, and do about 8 hours per week.

This doesn't mean I'm any more of a bum. It means I can concentrate on my studies and then get by. I don't live a life of luxury, but nor do I struggle.

Luckily my parents fund my car i.e. insurance, servicing BECAUSE they paid for my sisters Uni accommodation, and saw it as fair.

Of course, I could be considered more of a bum than those students that have to work a 40 hour week to live, plus their Uni studies - this is namely EU students.

At the end of the day, every student gets in debt. But it's exactly that. We will pay it back eventually, continually having money from our monthly wage deducted, however small.

So people pay 'tax', which funds lots of things, including Uni.

That's like saying someone has £10,000 saved in a bank account, which is paying for someone's luxury of a car they don't really need. That £10,000 will get paid back, plus some, like we pay interest.

It's all relative. Yes some students are in it for the easy party life, but at the end of the day, through not achieving at Uni, they potentially won't earn as much, therefore take longer to pay off their loan.

Personally, I know I'm not a real student bum, so I don't care what people thing. But some people really do put it too literally.
CorsAsh
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10th Dec 08 at 22:45   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ojc
I don't begrudge people going to Uni, as long as they intend to do something with their lives afterwards.
I agree. Too many people I went to school with were groomed and pushed to Uni, only to pick a dead end degree or not make anything of the opportunity.

If people leave school to make a living such as you, I have complete respect.

I do not respect those who sponge from the general republic. regardless of attending university or not.

[Edited on 10-12-2008 by CorsAsh]
Ste
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10th Dec 08 at 22:46   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ssj_kakarot
so you think someone should attend uni everyday then go to work everynight?


Yes. As I said. If you really want it you will earn it.

quote:
doesnt that seem a bit over the top, and its not free students pay every bit of there loans back and all of the intrest that gets added onto it during the time.


Only if they get into the threshold. If not after 25 years it is written off

quote:
when exactly would someone have time to actually live there lives if they work every night and attend uni everyday also?


Again, If you want it, make sacrifices. Just wait till you get in the real world.

quote:
and even if i worked every night 5 - 10 thats still only 25 hours a week at about 6 an hour which is 150 a month thats not a lot at all factoring in travel, food, clothes ect ect.

NB: students do pay tax if they earn enough, over summer term when im pretty much working full time i pay tax so yes i also contribute to other peoples loans


25 hours a week at £6 an hour is £600 a month. (I thought students were meant to be bright ) Now if you had a weekend job too and got 10 hours in each weekend then you would earn over £10,000. It all comes down to people not having the drive to go out and earn something themselves. I am not being conclusive with this, there are people out there who come from normal backgrounds that do work their arses off and to them I have great admiration. but people who moan about having to pay for uni are bums, and people who think they can coast their way through without working hard will get a shock when they get into the real world.

[Edited on 10-12-2008 by Ste W]


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.

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