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Jeremy Corbyn Announces £10Bn Plan To Scrap University Tuition Fees

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http://www.theguardian.com/education/2015/jul/15/jeremy-corbyn-announces-10bn-plan-to-scrap-university-tuition-fees

From the article;

Corbyn said the plan could be funded either by a 7% rise in national insurance for those earning over £50,000 a year and a 2.5% higher corporation tax, or by slowing the pace at which the deficit is reduced.

Corbyn said: “I want to apologise on behalf of the Labour party to the last generation of students for the imposition of fees, top-up fees and the replacement of grants with loans by previous Labour governments. I opposed those changes at the time – as did many others – and now we have an opportunity to change course.”

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I would drop into this category to be hit by the increase in NI.

I'd be happy to fund tuition fees in this way. I profited from free fees in the 80s, before they were increased and linked to sudent loans. Thanks to this "grant" , I was able to go to uni. In today's environment , the financials would mean I wouldn't even try for a place.

The change would have to go hand in hand with Uni's (old and new) getting rid of their Boards that see themselves as gravy trains and Property Cos, rather than servants to the students and society in general. And a few other changes...

Well said Mr Corbyn. Populist ? Maybe...but when we have a current loan system that the govt itself admits is not fit for purpose and costs more to admin than the old system, then change is long overdue.

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Id vote for him twice if I could.

I'd vote for him. He is the only Labour candidate who isn't a Blairite clone and has some integrity, even if you don't agree with his policies. The other Labour candidates are just sycophants who will say whatever they think the electorate want to hear.

I could live with an NI increase if it meant no tuition fees for my kids.

Edited by fru-gal

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>Corbyn said the plan could be funded either by a 7% rise in national insurance for those earning over £50,000 a year

The effective marginal tax rate from someone on £50k with two kids is ~65%. This would make it 72%.

Yet another reason to do less work, not more.

If I was 18 again, I would do a 6-year part time course whilst working instead of a 3-year full-time course. Live with parents, pay fees as you go and end up with no debt plus 6 years experience. With a decent employer, fees may be paid for you (mine does paid day-release).

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fine if they would drop the insane objective of 50% of young people going to university when there are alternatives for a lot of them that would ensure a job at the end and this would contribute far more to our economy.

Corbyn said

"I opposed those changes at the time – as did many others – and now we have an opportunity to change course.” errm - no he is in opposition and has no such opportunity until at least 2020.

Edited by olliegog

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http://www.theguardian.com/education/2015/jul/15/jeremy-corbyn-announces-10bn-plan-to-scrap-university-tuition-fees

From the article;

Corbyn said the plan could be funded either by a 7% rise in national insurance for those earning over £50,000 a year...

In what way is this national insurance?

I know, I know - it is all tax. But if you have a 'national insurance' scheme at least pretend that it is something to do with access to 'benefits' in the case of need (like sickness, unemployment).

We would all be better off if NI were bundled into income tax - at least then we'd all realise that the base rate of tax 'income tax' is about 45%, not the 20% that people seem to think it is for some reason.

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I would drop into this category to be hit by the increase in NI.

I'd be happy to fund tuition fees in this way. I profited from free fees in the 80s, before they were increased and linked to sudent loans. Thanks to this "grant" , I was able to go to uni. In today's environment , the financials would mean I wouldn't even try for a place.

The change would have to go hand in hand with Uni's (old and new) getting rid of their Boards that see themselves as gravy trains and Property Cos, rather than servants to the students and society in general. And a few other changes...

Well said Mr Corbyn. Populist ? Maybe...but when we have a current loan system that the govt itself admits is not fit for purpose and costs more to admin than the old system, then change is long overdue.

UK student "loans" work in exactly the same way as a tax on high earning graduates -- a structure that you seem to have no problem with. Perhaps it's just a good way of keeping the financially illiterate from clogging up the higher education system.

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I think it is a shame that students now have to pay. However compared to the increase in cost of housing it is nothing. In 92 a student would leave Uni with £3K debt, could earn £13K and a house in my road would cost £62K. Now it is £40K, earn £30K and the house in my road is about £360K! Thanks nu and blu Labour.

Edited by iamnumerate

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I think it is a shame that students now have to pay. However compared to the increase in cost of housing it is nothing. In 92 a student would leave Uni with £3K debt, could earn £13K and a house in my road would cost £62K. Now it is £40K, earn £30K and the house in my road is about £360K! Thanks nu and blu Labour.

Perhaps with Corbyn as leader they might actually pledge to build some proper "affordable" homes, even, dare I say it, social housing *gasp*.

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I would drop into this category to be hit by the increase in NI.

I'd be happy to fund tuition fees in this way. I profited from free fees in the 80s, before they were increased and linked to sudent loans. Thanks to this "grant" , I was able to go to uni. In today's environment , the financials would mean I wouldn't even try for a place.

The change would have to go hand in hand with Uni's (old and new) getting rid of their Boards that see themselves as gravy trains and Property Cos, rather than servants to the students and society in general. And a few other changes...

Well said Mr Corbyn. Populist ? Maybe...but when we have a current loan system that the govt itself admits is not fit for purpose and costs more to admin than the old system, then change is long overdue.

I, on the other hand, would strongly oppose.

I paid for my own university tuition, getting my masters degree at 35 while working. The total cost was around £40k.

I've also paid for my own kids education.

The idea that i should now see my effective tax rate increase to, what, 51% as reward for my efforts frankly stinks.

I am in favour of a graduate tax, but it has to be based on whether the state has incurred any cost, not the usual socialist "tax the succeeders and reward the lazy" that this is so obviously an example of.

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I, on the other hand, would strongly oppose.

I paid for my own university tuition, getting my masters degree at 35 while working. The total cost was around £40k.

I've also paid for my own kids education.

The idea that i should now see my effective tax rate increase to, what, 51% as reward for my efforts frankly stinks.

I am in favour of a graduate tax, but it has to be based on whether the state has incurred any cost, not the usual socialist "tax the succeeders and reward the lazy" that this is so obviously an example of.

PS: i also find it to be deeply offensive, maybe even racist, that any student from any country in the EU can get fee free education in Scotland, but English kids like my own have to pay, even though the Scottish system is funded in part by English taxes.

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This doesn't stack up unless they write off all current student debt. Can't see the class of 2015 leaving with 40k debt and then, once successful, being happy to pay an extra 7% tax so that the class of 2020 gets it all for free.

The simple answer to me is only have the top 20% go to University - fully funded. the rest can just start their McJobs much earlier than they currently do.

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The simple answer to me is only have the top 20% go to University - fully funded. the rest can just start their McJobs much earlier than they currently do.

100% agree. The problem is that too many are going to university - most doing useless degrees.

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PS: i also find it to be deeply offensive, maybe even racist, that any student from any country in the EU can get fee free education in Scotland, but English kids like my own have to pay, even though the Scottish system is funded in part by English taxes.

How can it possibly be racist? Are you of an ethnic minority?

I'm not happy funding university places for the young if the government is set on sending 50% of them there. Reduce the target down to 20% like it was a few years ago. It is a feckless exercise to send half of school leavers to University.

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PS: i also find it to be deeply offensive, maybe even racist, that any student from any country in the EU can get fee free education in Scotland, but English kids like my own have to pay, even though the Scottish system is funded in part by English taxes.

That's Blair's half-baked anti-English devolution.

EU rules say you can't discriminate against citizens of another EU country, but they have no power to help the English because discrimination against UK people within the UK is an internal UK matter.

Both my nephews have been fortunate to benefit from grants (one of them is a student now). Their little sister lost her chance for that in this month's budget. I think that may have raised the likelihood of her going abroad to study.

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I, on the other hand, would strongly oppose.

I paid for my own university tuition, getting my masters degree at 35 while working. The total cost was around £40k.

I've also paid for my own kids education.

The idea that i should now see my effective tax rate increase to, what, 51% as reward for my efforts frankly stinks.

I am in favour of a graduate tax, but it has to be based on whether the state has incurred any cost, not the usual socialist "tax the succeeders and reward the lazy" that this is so obviously an example of.

I wouldn't stress about it, it'll never happen, sure he might get to become leader but he is nothing but a grumpy teacher type who the electorate will dismiss

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I'm not happy funding university places for the young if the government is set on sending 50% of them there. Reduce the target down to 20% like it was a few years ago. It is a feckless exercise to send half of school leavers to University.

20% is still much higher than went in the era of free tuition and student grants. How about scholarships based on merit (and residence) for the best students? That would look not unlike the glory days of the '60s and '70s when something under 10% of school leavers got a grant to go to uni, and others could go if they were self-funding.

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PS: i also find it to be deeply offensive, maybe even racist, that any student from any country in the EU can get fee free education in Scotland, but English kids like my own have to pay, even though the Scottish system is funded in part by English taxes.

It's not funded by English taxes, but that's another argument. We Scots can ill-afford to provide free education for all kids from the rUK, but we have found enough for our own, and those we are obliged to educate, under EU law. Of course, there are many Scots studying abroad.

Who you are offended by? The Scottish Government who provide Scots youth with free education, or the UK government who don't?

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I would also suggest that it was compulsory to do a year of work experience before attending University. For too many it is just the default option because they have no other idea of what to do. The number of graduates that I have worked with that after 12 months at work say they really wished they had not gone to university / had chosen a different course is well over 50%

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I would also suggest that it was compulsory to do a year of work experience before attending University. For too many it is just the default option because they have no other idea of what to do. The number of graduates that I have worked with that after 12 months at work say they really wished they had not gone to university / had chosen a different course is well over 50%

Lets face it, it's because there ARE no work options that many kids take useless degree courses

Edited by AThirdWay

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