As a secret report for the government has confirmed, to ensure the student loan book is profitable for private companies the cap on interest for repayments would need to be increased. This means graduates would effectively face a retrospective hike in the cost of their tuition fees.
By 2033, the cost of sending a child to university will have risen to just shy of £150,000, which on the average will take 5 years to earn, eating notwithstanding. So unless my bitcoin investment starts performing, my (already existing) kids had better get used to the idea of being blue collar.
More parents are insisting schools get the very best results for their children; they don't just want a service that provides the opportunity for learning but one that can deliver a transformational experience for their child.
Either it's an election year, or Nick Clegg has suddenly discovered some principles. This week, George Osborne announced that there would be another £25 billion in spending cuts after the 2015 general election and around half of that would come from the welfare budget. For Clegg, who must have been given a spine at Christmas, it was apparently the straw that broke the camel's back.
Lowering the voting age is by no means a silver bullet to political apathy, an issue so deep-rooted that no single reform can be seen as a remedy to the problem. But it would be a step in the right direction, and might just amount to a turning of the tide against youth disenfranchisement. Surely this can only be a good thing.
Receiving a tirade of criticism from reviewers isn't exactly what I would deem professional. I know the General Medical Council has a huge interest in doctors maintaining their professional etiquette when it comes to patient care but this seems less so with the domain of doctor vs peer reviewer.
Thanks to the Industrial Revolution and the increased productivity it made possible, incomes began rising from the turn of the 19th century. As incomes rose, parents could afford increasing amounts of education for their children. The vigorous growth in schooling was, simply, a response to rising incomes - which is natural and normal.
These may be the last words I ever write as terror has descended upon the cobbled streets of Cambridge and anarchy is breaking out in the quaint pubs and college bars. Apparently the nation should be worried about dastardly goings-on that would make Lewis and Morse's brutal Oxford seem peaceful.
What could be more outrageous than the undemocratic trebling of tuition fees, or the fundamentally anti-working class policy of scrapping EMA, denying thousands of poorer students their chance at further and higher education? After the attacks on FEs, raising fees for adult learners and axing half a million places, where could the coalition sink to next?
I dread to think how people just six months younger than me feel being charged triple what I am and it's about to get worse for all of us. In order to make some money, the Government have announced plans to sell off our debt to private companies.
The third week of teaching has almost ended and already there are secretive, hushed meeting between freshers about our place here. Why are we here and What are we doing? Dare we even voice such questions?
For a student paying £9,000 in tuition fees, they should get value for their money and if universities are not motivating their staff, it means that everybody is losing out. Students will not get the good quality education that they are paying for, teachers are not paid fairly and will begin to "work to rule" and the universities credibility will plummet.
Dozens of university students in York have turned to sex work as they struggle to fund their degrees, as revealed by Nouse. As many as 30 students in York are operating as escorts, and eight agencies in the area were able to provide student escorts. One agency said they had up to seven students available.
A few days ago, Nick Clegg gave us his word that the government would absolutely not raise tuition fees to £16,000. In other words: it is a distinct possibility that higher education will be far from the reach of young people born outside the wealthy classes after 2015...
With the start of the university year and the surging presence of Young Green groups up and down the country, and speaking at events for the Youth Parliament and Woodcraft Folk, I've been spending a lot of time with young people. And an impressive lot they are - engaged, committed, determined. But what I've been hearing from them is how tough every aspect of life is for them and their peers, how institutions and services meant to be equipping them for life aren't delivering, and how economic pressures bear down on them from every angle.
I work part-time during the holidays and attempt to cling on to my wages for as long as possible during term time but I am starting to miss the monthly boost to my bank account that takes a violent drop as soon as I return to university. With these pressures of spending becoming almost expected, it appears that student budgeting is far more complicated than meets the eye...