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UK Economy

This category contains 27 posts

“The crisis of student loans is real, no matter what pundits tell you”

  ” A Brookings Institution report this week downplayed the impact of rising student loan debt, implying that there is no crisis and much of the worry is misplaced. Because most people with student debt don’t believe their problems only exist in their heads, the report has spurred a contentious debate, particularly about its methods. … Continue reading

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Alan Watt Discusses the Education and Banking Monoploy

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Why the privatisation of student debt must be resisted

This week, the government announced the immediate privatisation of £890m of student debt dating from between 1990 and 1998. The debt was sold to a consortium of private companies at under one-fifth of its value, but in reality these moves go far beyond the economically unsustainable nature of a credit-fuelled higher education system. They are … Continue reading

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The Chronology of the selling of student loans part 2)

Ageing student loans sold to debt firms Graduates whose loans have been sold have “no reason to be concerned” according to Universities Minister David Willetts Continue reading the main story Related Stories Loan offer for postgraduate living The government has sold £890m of student loans to a debt management consortium for £160m. Erudio Student Loans … Continue reading

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The Chronology of the selling of student loans part 1)

‘National day of action’ against sell-off of student debt planned across UK Students on more than 20 campuses across the country are preparing to take part in a national day of action against the government’s plans to privatise the student loan book. The wave of action will take place tomorrow and is being co-ordinated by … Continue reading

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“UK trails Poland and Bulgaria on adults educated to at least GCSE standard”

Lecturers’ union says European data shows Britain risks languishing in ‘mid-table obscurity’ due to rising cost of learning Students get their results at Parrs Wood Sixth Form in Didsbury, Manchester. The UK is 19th on a list of European countries ranked by adults with a minimum of GCSE-level education. Photograph: Christopher Thomond for the Guardian … Continue reading

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21st Century Soviet: A post war agenda “The treaties that merged Europe into the NEW SOVIET”

T he European Union is based on the rule of law. This means that every action taken by the EU is founded on treaties that have been approved voluntarily and democratically by all EU member countries. For example, if a policy area is not cited in a treaty, the Commission cannot propose a law in … Continue reading

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“This is Britain’s zombie generation”

Original article Ann Czernik asks why wealthy Harrogate has welcomed the new Jarrow march with as much enthusiasm as their 1936 forebears When the Jarrow marchers arrived in Harrogate 75 years ago it was reported that they were welcomed “like a relief column raising a siege.” To the sound of a mouth organ, exhausted but … Continue reading

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“Youth joblessness highest since Tories last in power, new figures to reveal”

Original article The number of unemployed young people has passed the million mark, according to statistics to be published this week. More than a million young people are now unemployed, the highest number since the Conservatives were last in power, government figures to be published this week are expected to reveal. The figures have been … 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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