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“More graduates ‘overcharged by Student Loans Company'”

Growing numbers of graduates are being overcharged for their student loans, it emerged today, prompting claims that the system is in “disarray”. Figures show that the Student Loans Company has been forced to pay back more than £107million since the late 90s after taking cash from graduates who have already cleared their debts. Repayments leapt … Continue reading

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“Retail jobs for school leavers over University​”

The British Retail Consortium has said that working in the retail sector and gaining workplace qualifications is an ever more viable possibility for school leavers, looking to avoid the perils of heavy university debt. The leading retail body is to host a debate on the issue at the Labour Party Conference this morning, aiming to … Continue reading

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“Is University still worth the cost?”

“Just over 10 years ago, higher education was free to students. But according to recent statistics, the average student now incurs over £5,000 of debt per year of study at a UK institution, and that number is set to rocket when fees increase in 2012. At present, every university is planning on charging over £6,000 … Continue reading

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“Education letters”

Education letters Readers respond to David Willetts’s defence of the coalition’s policy on higher education funding, Who would copy this university funding policy? Last week, David Willetts defended the coalition’s policy on higher education funding, saying that other countries are watching to see if they could follow suit. • If a third of the money … Continue reading

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“Rich ‘will pay less’ for university as they face lower interest bills”

The rich will end up paying less than the middle classes for tuition fees because they will avoid interest payments, a new report warned today. The investigation, by financial consultancy Grant Thornton, claims the “richest tiers” of society will become “even better off” because they will be able to settle their debts sooner and pay … Continue reading

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Private debt by country

UK GDP goes down, our exports goes down as companies move business abroad and get sold off. Economy slows and they’ll probably have to soon admit if they haven’t that we are in another recession. Faliure… but don’t worry you chase after that illustrious exspensive degree and chase that non existent well paying job at … Continue reading

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Public Debt per Country, How can the UK and Europe Recover?

Estimated public debt analyst from the economist, very interesting. This is only the public debt by the way. What is a debtor? A tax slave. See where your country is here: http://ca.gdc_economist.economist.com.s3.amazonaws.com/index.html#debt_per_capita+2000+o+ca+xx+xx It’s funny Libya was one of the few countries with very little foreign debt if any and it also has the least debt … Continue reading

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“Student loan early repayment penalty proposal ‘crazy'”

Coalition proposals to charge graduates in England for repaying student loans early would be ineffective and costly, the think tank CentreForum says. The government is currently consulting on a suggested plan to penalise early repayment, targeting either high earners, large repayments, or both. It wants the penalties to make the system “more progressive” and says … Continue reading

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“UK unemployment hits 2.51 million”

Comment: It’s more. The number of unemployed in the UK has risen by 80,000 to 2.51 million in the three months to July This increase of 80,000 is the largest increase in nearly 2 years according to the Office for National Statistics. The unemployment rate now stands at 7.9%, with youth unemployment rising by 78,000 … Continue reading

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“Debt, not career prospects, weighs most heavily on students’ minds”

Young people are more concerned about tuition fees and debt when thinking about university than they are about employment prospects, a new survey suggests. Around 60 per cent of the 16- to 18-year-olds polled said their main worry about going into higher education was the near-trebling of the tuition fee cap to £9,000 in 2012. … Continue reading

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