The benefit for the ruling class in this arrangement is obvious; the loss for society manifold. The rapid normalisation of tuition fees demonstrates neatly the insidiousness of the neoliberal ideology. Now students are consumers, they are individuals set against each other in a competition for employment so that they can service their loans.
As much as I can appreciate that finances should be private to some extent, and that individuals have a right to be considered separately from their partners, I just can't imagine keeping a secret credit card or putting lots of effort into hiding big purchases from my partner on a regular basis. I certainly wouldn't dream of hiding £100,000 from him!
When Mozambique celebrated the 40 year anniversary of independence on 25 June, it was a time for reflection on the gains and losses made by the country which has experienced rapid shifts from civil conflict, to democratic consolidation and exponential economic growth driven by commodity discoveries. A mark of how far Mozambique has come since 1975 was demonstrated last year, when it undertook its first voyage in to international debt markets.
The election result was a big shock: no one predicted the Conservatives would win an outright majority and no one forecast the SNP tsunami. It has shown us that the old rules no long apply. What once was does not have to be. Despite the perceived political differences, if towns and cities across the UK grasp that, the future doesn't have to be blue.
After the Greatest Generation, the Baby Boomers, Generation X and the Millennials, today's young people look set to be Generation Screwed unless politicians take action. With less than six weeks until the election, politicians should stop treating young people as a youthful but silent cash cow of borrowed money, just because they don't cast as many votes as the elderly.
New Greek Finance Minister Yanis Varoufakis is cutting a dash as he jets around Europe economy class. It certainly makes a change to see a leader so seemingly down to earth even if I think he'd look more credible with his shirt tucked in. But as the rest of the Eurozone wonders how to solve a problem called Syriza what are the rights and wrongs of this situation and where can the solution be found?
Debt is a serious problem. It is not just a problem for those unfortunate enough to be struggling with financial difficulties, but for all of us - debt costs society £8.3billion. These costs come in the form of additional health care costs, increased welfare spending, and reduced workplace productivity.
Despite the political rhetoric, if current economic policies continue broadly as they are, the UK economy does not have a bright future. In my view, and that of many others, our economy has at least five big problems. These major challenges will end the current upturn probably shortly after the 2015 general election, no matter who wins.