Maintenance Grants for English Students scrapped

Super Irish | Legendary Invincible!
 
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If I'm not here, I'm doing photography. Or I'm asleep. Or in lockdown. One of those three, anyway.

The current titlebar/avatar setup is just normal.
(At least, there's no mention for Wales. Scotland is devolved enough to be unaffected by this vote)
The Independent

This also applies to English students studying in the next acedemic year rather than just new students, and English Students in Wales (and I assume Scotland), despite the fact that Welsh MP's couldn't vote on the matter because of some "English votes for English things" legislation: Cardiff SU's stance on the matter.

So Brits, specifically English, how much debt personally have you got/will have for going to University? Record to beat is £52,000 from my roommate studying History here.

Appreciated also would be how US students handle the costs of their tuition at home, as IIRC you don't have a student finance system to soften the blow.
Last Edit: January 19, 2016, 04:00:27 PM by Psygnirish


 
 
Mr. Psychologist
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<.<
I'm going to have a grand total of £15,000 when I finish my degree.

It's not great but compared to every bugger else, I'm getting off lightly. This is going to hit my friend hard though, because he's not from a well-off family.

Still though, the price might be eye-watering but provided they don't change the rules of repayment it's not all that bad.

The day they try to fuck with that though?
The student/graduate chimpout in london will make the 2011 riots look tame.


Azumarill | Mythic Invincible!
 
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I'm going to have a grand total of £15,000 when I finish my degree.

It's not great but compared to every bugger else, I'm getting off lightly. This is going to hit my friend hard though, because he's not from a well-off family.

Still though, the price might be eye-watering but provided they don't change the rules of repayment it's not all that bad.

The day they try to fuck with that though?
The student/graduate chimpout in london will make the 2011 riots look tame.
hang on hang on

you're getting paid for your 4 year degree?


 
 
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<.<
I'm going to have a grand total of £15,000 when I finish my degree.

It's not great but compared to every bugger else, I'm getting off lightly. This is going to hit my friend hard though, because he's not from a well-off family.

Still though, the price might be eye-watering but provided they don't change the rules of repayment it's not all that bad.

The day they try to fuck with that though?
The student/graduate chimpout in london will make the 2011 riots look tame.
hang on hang on

you're getting paid for your 4 year degree?
I wish

lol

No, that's the debt.

I will however get paid when I go to do the doctorate, because the NHS pays it's clinical trainees a salary whilst they study. Which is nice.


Azumarill | Mythic Invincible!
 
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I'm going to have a grand total of £15,000 when I finish my degree.

It's not great but compared to every bugger else, I'm getting off lightly. This is going to hit my friend hard though, because he's not from a well-off family.

Still though, the price might be eye-watering but provided they don't change the rules of repayment it's not all that bad.

The day they try to fuck with that though?
The student/graduate chimpout in london will make the 2011 riots look tame.
hang on hang on

you're getting paid for your 4 year degree?
I wish

lol

No, that's the debt.

I will however get paid when I go to do the doctorate, because the NHS pays it's clinical trainees a salary whilst they study. Which is nice.
oh okay i was about to be pissed because i have $17k worth of debt right now and im not even done yet


Mordo | Mythic Invincible!
 
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emigrate or degenerate. the choice is yours

>tfw scotcuck and will have no debt


 
DAS B00T x2
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This is not the greatest sig in the world, no. This is just a tribute.
Appreciated also would be how US students handle the costs of their tuition at home, as IIRC you don't have a student finance system to soften the blow.
Loans, grants, scholarships, tax credits, military options.

I could have actually gone to a state school for free AND get extra money from the GI bill, and have been done with a four year degree by now...
But that's not where my interests lay. Traditional education can suck my dick and the FTA/state TA doesn't provide enough for the private tech schools right around here.


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I love you, son.
It's fucking annoying but as long as the repayment stays intact it's fine I guess. I'm getting a £2000 bursary from my Uni anyway.

If they ever try to get rid of the current repayment scheme, though...

Either way, our current government can go fuck itself. It's like they're actively trying to screw over the current generation.
Last Edit: January 19, 2016, 06:30:03 PM by Fedorekd™


Super Irish | Legendary Invincible!
 
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If I'm not here, I'm doing photography. Or I'm asleep. Or in lockdown. One of those three, anyway.

The current titlebar/avatar setup is just normal.
For myself, as I count as a Welsh Citizen (living in Wales for 9 years) so fortunately I have 2/3 subsidised by the Welsh Government, which get it's funding from...England. I will owe £9,000 for the degree, and an extra ~£12,000 through loans to support myself in that time. Totalling £21,000 give-or-take I've got relatively lightly.

How it works in Britain is completely ridiculous. Wales and Scotland partially or fully fund their tertiary education programs with the money originally sourced from England by and large (although technically, Wales puts more into the coffers than it gets out, but I digress). Meanwhile, my parents went through different systems with my Dad getting education free in the UK under an EU subsidy because at the time, being Irish classed you as an EU international student (sorta like the Erasmus programs, but don't cost £12k). There isn't even talk about loans to support yourself throughout their study, most could receive bursaries.

I reckon it's something to do with the fact that under the new system, only 45% of the loans given out is expected to be paid back (compared to the previous system where it was around 50%, and further back it was just free). Why not scrap the free money they give out to the lower incomes so they can reclaim a "larger 45%" in loans? Granted, I think how the system currently doles out money needs some adjustment, but scrapping them altogether is going to royally fuck up those who already have an uphill struggle.

Meanwhile in Finland, people were protesting that non-EU students would have to pay fees for their degree there (the story is old but the best I could find about it - there have been more protests since). Hell, my Finnish roommate was talking about how there were protests about the government scrapping free second degrees after you completed your first one.

Spoiler
Okay, just about grumped out now.


 
DAS B00T x2
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This is not the greatest sig in the world, no. This is just a tribute.
I reckon it's something to do with the fact that under the new system, only 45% of the loans given out is expected to be paid back

Meanwhile in Finland, people were protesting that non-EU students would have to pay fees for their degree there (the story is old but the best I could find about it - there have been more protests since). Hell, my Finnish roommate was talking about how there were protests about the government scrapping free second degrees after you completed your first one.
Holy fucking entitlements...

That  just sounds absurd and non-sustainable.


Super Irish | Legendary Invincible!
 
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If I'm not here, I'm doing photography. Or I'm asleep. Or in lockdown. One of those three, anyway.

The current titlebar/avatar setup is just normal.
I reckon it's something to do with the fact that under the new system, only 45% of the loans given out is expected to be paid back

Meanwhile in Finland, people were protesting that non-EU students would have to pay fees for their degree there (the story is old but the best I could find about it - there have been more protests since). Hell, my Finnish roommate was talking about how there were protests about the government scrapping free second degrees after you completed your first one.
Holy fucking entitlements...

That  just sounds absurd and non-sustainable.

Well, the income tax is something like 50% there if you fall into the high bracket of wages. Suppose if everyone has lots of degrees you can get a better job and get better pay and pay more taxes, in theory...

Loans, grants, scholarships, tax credits, military options.

I could have actually gone to a state school for free AND get extra money from the GI bill, and have been done with a four year degree by now...
But that's not where my interests lay. Traditional education can suck my dick and the FTA/state TA doesn't provide enough for the private tech schools right around here.

How do the loans work? Are they just normal loans or are they somewhat student friendly?

i.e. Here the loans aren't repayable until you hit a certain pay threshold (I think it's around £21,000 a year, £8,000 more than minimum wage), but £21,000 is a pretty low number and if you're earning below that, Uni was a waste of time and now you're in debt. For 30 years.
Last Edit: January 19, 2016, 07:13:36 PM by Psygnirish


 
DAS B00T x2
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This is not the greatest sig in the world, no. This is just a tribute.
How do the loans work? Are they just normal loans or are they somewhat student friendly?

i.e. Here the loans aren't repayable until you hit a certain pay threshold (I think it's around £21,000 a year, £8,000 more than minimum wage), but £21,000 is a pretty low number and if you're earning below that, Uni was a waste of time and now you're in debt. For 30 years.
Depends on the institution or if they're government backed or not. I'm really not sure of all of the specifics, other than that you're not making payments until you're out of school. I think some lenders will defer payments for a year or two, or until you've gotten a job, but those aren't the most common things.
It's not something that I've looked in to within the past three years.