interestrateripoff Posted December 14, 2013 Share Posted December 14, 2013 http://www.dailymail.co.uk/news/article-2523527/How-foreign-students-fleecing-Britain.html Higher education applications from Romania have surgedExperts fear our education system will suffer as a result For Mustafa Ali, stealing a large sum of money from the British taxpayer was remarkably easy. With a fellow fraudster, he fleeced the Student Loans Company out of £370,000 after submitting scores of bogus applications for student credit. The pair supplied fake A-level exam certificates for people who didn’t have the qualifications they needed to get into university. When the tuition fees arrived in the bank accounts of their ‘clients’ — who were from both the UK and abroad — Ali and his accomplice would take a cut of the money. .. The result is a staggering amount owed to the Government — £46 billion of outstanding student loans. Worse, it is estimated that this will rise within three decades to £200 billion. How cares for the govt this will be someone else's problem. Foreign students get a free education or cash and UK students get to pay it in the future with higher taxes. Can't see what the fuss is about. Are the student loan losses on or off the UK balance sheet? Quote Link to comment Share on other sites More sharing options...
EUBanana Posted December 14, 2013 Share Posted December 14, 2013 Got an American friend who is a student here, she really doesn't have a pot to pi$$ in. I assume this is limited to EU students therefore. Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted December 14, 2013 Share Posted December 14, 2013 Can you blame them? There are plenty of Irish families who fled when the economy crashed, many are now returning to Ireland and leaving the loans behind. You really would be silly to pay if you are outside the UK. Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted December 14, 2013 Share Posted December 14, 2013 Can you blame them? There are plenty of Irish families who fled when the economy crashed, many are now returning to Ireland and leaving the loans behind. You really would be silly to pay if you are outside the UK. Not at all. It's daft that foreigners are being given these subsidised loans in the first place but that's just one of the benefits of EU membership for you. Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted December 14, 2013 Share Posted December 14, 2013 I guess the best thing to do if you are about to go to uni would be to take a year out working at McDonalds in either Wales or Scotland, then apply for uni saying that you are estranged from your parents - then you will not need to pay the extortionate fees anyway. After uni simply move back into English soil if you so desire. There are quite a few ways around the paying of fees. It's really a system setup to fleece the hardworking gullible types. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted December 14, 2013 Share Posted December 14, 2013 Lecturers, their unions and the educational administration class as a whole are like mortgage brokers. They really dont care about the sustainability and long term implications of what they push, so long as they get their commission, their 'cut'. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted December 14, 2013 Share Posted December 14, 2013 (edited) I guess the best thing to do if you are about to go to uni would be to take a year out working at McDonalds in either Wales or Scotland, then apply for uni saying that you are estranged from your parents - then you will not need to pay the extortionate fees anyway. After uni simply move back into English soil if you so desire. There are quite a few ways around the paying of fees. It's really a system setup to fleece the hardworking gullible types. I remember while they still had 'assisted places' at private schools before they were done away with in 1997. Most of the claimants weren't poor people, but rather business owners and self employed who were able to shift earnings onto wives, other family members or extract money via dividends. Edited December 14, 2013 by Executive Sadman Quote Link to comment Share on other sites More sharing options...
onlyme2 Posted December 14, 2013 Share Posted December 14, 2013 How lucky tuition fees were brought in to fleece UK youngsters and make them pay fully (and no doubt make up a lot of the shortfall). This giveaway is by design. The politcians changed the treason laws for very good reason. Quote Link to comment Share on other sites More sharing options...
awaytogo Posted December 14, 2013 Share Posted December 14, 2013 http://www.dailymail.co.uk/news/article-2523527/How-foreign-students-fleecing-Britain.html How cares for the govt this will be someone else's problem. Foreign students get a free education or cash and UK students get to pay it in the future with higher taxes. Can't see what the fuss is about. Are the student loan losses on or off the UK balance sheet? Nothing surprises me any more, The university's will be happy as long as they are getting paid. Quote Link to comment Share on other sites More sharing options...
macbeth79 Posted December 15, 2013 Share Posted December 15, 2013 The US taxpayer is owed $1 Trillion by students, and since the jobs they expected at the salaries they expected are nonexistent i cannot see them getting paid. This seems to be a problem all over the world, we will never have the standard of living we were promised. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.