Bloo Loo Posted June 7, 2011 Share Posted June 7, 2011 http://www.telegraph...ition-fees.html 'With about ten universities already considered by the Higher Education Funding Council for England to be "at financial risk", Mrs Hodge suggested that some could now fall into financial turmoil and fail for the first time in memory. "If you are a student and you are risking your own money to go to a university, I think you have a right to know, because otherwise if a university were to fail, you would have put your money up front, you wouldn't get your education and you wouldn't get your degree. The miscalculation risks creating a "substantial funding gap" because of the increased cost of providing students with upfront loans, it was claimed, with almost a third of total outstanding debts never being repaid'' Less uni's means less kids getting suckered into doing worthless degrees.Good thing no? With a 30% default rate can see the IR's rising for loans. No, it means bloated numbers of unsackable, overpaid lecturers, deans, sub deans, whips, department heads, diversity co-ordinators, pensioners and examiners are going to take the lot down. Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 7, 2011 Share Posted June 7, 2011 Less uni's means less kids getting suckered into doing worthless degrees.Good thing no? With a 30% default rate can see the IR's rising for loans. And good for the bond market as the chattles of the state will find without this bit of useless paper you can't get a working visa outside Europe! Even China, Thailand and Vietnam need degrees to ESL. S Korea changed it as well in 2007. Link to comment Share on other sites More sharing options...
Bloo Loo Posted June 7, 2011 Share Posted June 7, 2011 And good for the bond market as the chattles of the state will find without this bit of useless paper you can't get a working visa outside Europe! Even China, Thailand and Vietnam need degrees to ESL. S Korea changed it as well in 2007. why would they want you? Those countries have their own people to look after first. We should do the same. Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 7, 2011 Share Posted June 7, 2011 No, it means bloated numbers of unsackable, overpaid lecturers, deans, sub deans, whips, department heads, diversity co-ordinators, pensioners and examiners are going to take the lot down. It's all going to go on wages. The gravy train has chugged into the university station. Once one charges £9k they all have to or else they will lose their best staff. Soon £9k tuition fees won't be enough. Universities will start failing under the weight of greed and taxpayers will have to bail them out. Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 The normal rules of economics don't apply to universities because The participants are kids who have no idea or experience of money on that level You don't need to pay up front Hence university number will not decrease for at least a generation when those who went are able to advise their kids of the con Even those that know it is a scam choose to go be side they see it as their only option Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 It's all going to go on wages. The gravy train has chugged into the university station. Once one charges £9k they all have to or else they will lose their best staff. Soon £9k tuition fees won't be enough. Universities will start failing under the weight of greed and taxpayers will have to bail them out. If this were the case then every business would charge more & more & more which isn't what happens Universities can only charge 9k because the student loans company giveaway loans to anyone no questions asked. What to study porn film distribution? No problem here is 30k although we know it wount help you earn more. Lending money was and needs to be bases on increasing productivity. Abolish the student loans company and make payment upfront and the whole scam falls down in a year. If your poor and you want to be a doctor come to ne ill find you at 5% as im fairly sure you will be able to pay that back. Want to do poor distribution studies? Sure ill fund that too but at 500% interest Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted June 7, 2011 Share Posted June 7, 2011 The normal rules of economics don't apply to universities because The participants are kids who have no idea or experience of money on that level You don't need to pay up front Hence university number will not decrease for at least a generation when those who went are able to advise their kids of the con Even those that know it is a scam choose to go be side they see it as their only option another permanently high plateau, universities run accounts, balance sheets profit & loss the same as other entities, if they are leveraged on debt they can go bust like anything else Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 7, 2011 Share Posted June 7, 2011 If this were the case then every business would charge more & more & more which isn't what happens Yes it is. Just look how much FTSE pay has spiralled in recent years and their prices to feed it. The problem is to meet these prices people have borrowed too much or used their house as an ATM Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 another permanently high plateau, universities run accounts, balance sheets profit & loss the same as other entities, if they are leveraged on debt they can go bust like anything else Probably not as they will be bailed out Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 Yes it is. Just look how much FTSE pay has spiralled in recent years and their prices to feed it. The problem is to meet these prices people have borrowed too much or used their house as an ATM ******** Go open a cafe or corner shop and try paying yourself a mil and see how far you get What your talking about is director pay of big companies and that isn't them screwing their customers that is them screwing their bosses the shareholders. Directors have understood that the current structure of corporations means they hold at time more power than the shareholders. Totally different topic. Link to comment Share on other sites More sharing options...
Guest_FaFa!_* Posted June 7, 2011 Share Posted June 7, 2011 Probably not as they will be bailed out No, they won't. The govt plan is undoubtedly to get rid of the weak via merger and corporate takeover. There will be bankruptcies, but as it is likely to be London Met, Leeds Met et al, no-one will care. Link to comment Share on other sites More sharing options...
tallburt Posted June 7, 2011 Share Posted June 7, 2011 I'm not surprised 30% of Student Loans are never repaid. I have received regular statements over several years for the son of the previous occupant of our property so after 'returning to sender' and still getting them I phoned them up. I informed them of the last forwarding address I had to be told that they couldn't accept this information from me as I was not the account holder.......and they still keep dropping through the door.... Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 7, 2011 Share Posted June 7, 2011 ******** Go open a cafe or corner shop and try paying yourself a mil and see how far you get What your talking about is director pay of big companies and that isn't them screwing their customers that is them screwing their bosses the shareholders. Directors have understood that the current structure of corporations means they hold at time more power than the shareholders. Totally different topic. But it feeds down. The big firms pay themselves more, then charge more. Other firms want the same pay but don't have the market dominance to retain market share. They try to charge more but fail then the larger firms take them over and have more market dominance so can pay themselves more and charge more. That's why there are so many empty shops on the high street. So you must think everything is getting cheaper? Good luck with that project. Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 No, they won't. The govt plan is undoubtedly to get rid of the weak via merger and corporate takeover. There will be bankruptcies, but as it is likely to be London Met, Leeds Met et al, no-one will care. Depends what you mean. A corp can go bankrupt and basically continue as is with the creditors taking the hit. You see it all the time most are practically pre planed gang rape of the creditors. And by creditors I don't necessarily mean banks but their suppliers and customers That might be possible but I don't see true failure of universities which would only happen if kids decide uni isn't worth it and no kid thinks that because Go university and have a 4 year pissup (or more likely in the UK just sleep and play computer games) Or have your ignorant parents bitch at you for being dumb and not having a job or going to university....... for 4 years Even if the fee was 20k kids will pick opt 1 Fees need to be upfront or limit places to something like 20% of kids and have it be 'free' Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 But it feeds down. The big firms pay themselves more, then charge more. Other firms want the same pay but don't have the market dominance to retain market share. They try to charge more but fail then the larger firms take them over and have more market dominance so can pay themselves more and charge more. That's why there are so many empty shops on the high street. So you must think everything is getting cheaper? Good luck with that project. What fuxjing bull $hit The only place that remotely is true is monopolies that produce things which are necessities and regulatory jobs are to atop monopolies which to be fair they are shit at If you could just charge more then why isn't Tesco charging 10 quid a loaf? According to you that move would bankrupt the local banker flogging them at a quid Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 But it feeds down. The big firms pay themselves more, then charge more. Other firms want the same pay but don't have the market dominance to retain market share. They try to charge more but fail then the larger firms take them over and have more market dominance so can pay themselves more and charge more. That's why there are so many empty shops on the high street. So you must think everything is getting cheaper? Good luck with that project. What fuxjing bull $hit The only place that remotely is true is monopolies that produce things which are necessities and regulatory jobs are to atop monopolies which to be fair they are shit at If you could just charge more then why isn't Tesco charging 10 quid a loaf? According to you that move would bankrupt the local banker flogging them at a quid Link to comment Share on other sites More sharing options...
swissy_fit Posted June 7, 2011 Share Posted June 7, 2011 Depends what you mean. A corp can go bankrupt and basically continue as is with the creditors taking the hit. You see it all the time most are practically pre planed gang rape of the creditors. And by creditors I don't necessarily mean banks but their suppliers and customers That might be possible but I don't see true failure of universities which would only happen if kids decide uni isn't worth it and no kid thinks that because Go university and have a 4 year pissup (or more likely in the UK just sleep and play computer games) Or have your ignorant parents bitch at you for being dumb and not having a job or going to university....... for 4 years Even if the fee was 20k kids will pick opt 1 Fees need to be upfront or limit places to something like 20% of kids and have it be 'free' This is what needs to happen. With a performance weighting system that takes into account the school attended by the kid.(to prevent private schools monopolising free university places) Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 This is what needs to happen. With a performance weighting system that takes into account the school attended by the kid.(to prevent private schools monopolising free university places) It's dead simple 10% of kids attend fee paying schools so 10% of the free university place should go to them Of course any university can opt out of all public funds and charge what they like. Oxford & Cambridge could probably break away and charge 50k a year mostly to foreign kids Likewise anyone wanting to go to uni but can't.make the grades can try again next year it pay the full fees. So 80-90% of fee paying kids would prob continue to pay fees at university Link to comment Share on other sites More sharing options...
silver surfer Posted June 7, 2011 Share Posted June 7, 2011 http://www.telegraph.co.uk/education/educationnews/8560874/Ten-universities-could-fail-after-9000-tuition-fees.html 'With about ten universities already considered by the Higher Education Funding Council for England to be "at financial risk", Mrs Hodge suggested that some could now fall into financial turmoil and fail for the first time in memory. Does anyone know which universities are at risk? Link to comment Share on other sites More sharing options...
The Ayatollah Buggeri Posted June 7, 2011 Share Posted June 7, 2011 Does anyone know which universities are at risk? This list has allegedly existed since at least the middle of 2008: interesting that the Telegraph has picked it up now. London Met, Thames Valley, Leeds Met, Luton, Bolton, Dundee Abertay, Plymouth and Cumbria are repeatedly mentioned on the grapevine. Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 7, 2011 Share Posted June 7, 2011 What fuxjing bull $hit The only place that remotely is true is monopolies that produce things which are necessities and regulatory jobs are to atop monopolies which to be fair they are shit at If you could just charge more then why isn't Tesco charging 10 quid a loaf? According to you that move would bankrupt the local banker flogging them at a quid I don't think we are going to agree on this are we? Don't ask me why it's just a feeling. Anyway have a nice day. Link to comment Share on other sites More sharing options...
Bloo Loo Posted June 7, 2011 Share Posted June 7, 2011 What fuxjing bull $hit The only place that remotely is true is monopolies that produce things which are necessities and regulatory jobs are to atop monopolies which to be fair they are shit at If you could just charge more then why isn't Tesco charging 10 quid a loaf? According to you that move would bankrupt the local banker flogging them at a quid you dont think a public policy of sending 50% of School kids to Uni is a form of monopoly. Unis have been gearing up for this nonsense for years... Now they are going to be disappointed. The kids were years ago. Link to comment Share on other sites More sharing options...
silver surfer Posted June 7, 2011 Share Posted June 7, 2011 This list has allegedly existed since at least the middle of 2008: interesting that the Telegraph has picked it up now. London Met, Thames Valley, Leeds Met, Luton, Bolton, Dundee Abertay, Plymouth and Cumbria are repeatedly mentioned on the grapevine. Thanks Link to comment Share on other sites More sharing options...
cells Posted June 7, 2011 Share Posted June 7, 2011 you dont think a public policy of sending 50% of School kids to Uni is a form of monopoly. Unis have been gearing up for this nonsense for years... Now they are going to be disappointed. The kids were years ago. It's worse than a monopoly its a scam sale. Children are hearded into universities with the unspoken promiss of a better life which isn't what happen to most. Link to comment Share on other sites More sharing options...
South Lorne Posted June 7, 2011 Share Posted June 7, 2011 It's worse than a monopoly its a scam sale. Children are hearded into universities with the unspoken promiss of a better life which isn't what happen to most. ...universities are there for themselves not the customer....only you the individual will make a better life....certainly not a university.... Link to comment Share on other sites More sharing options...
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