so current news from the 2008 elections shows that the government be reconsidering student debt and bad credit loans given to students.
this is to stop the high rise number of people not entering higher education because they fear they will have debts then interest to pay off. this is an intriguing idea because debt companys then stand to lose money from the mass amount of students not taking up loans with them, or students just leaving university who need financial help but are ultimatley going to be better off because of this.
it could be an interesting predicament that could affect the population as with free education it means taxes and rates will increase. this could, in effect, lead to the greater need for small loans so the business could be made up from that, however through this society is not going to be happy by paying for students education when many of them may be doing it so they do not have to enter the real world.
this topic is based around much speculation at the moment but updates will come through when possible
this is to stop the high rise number of people not entering higher education because they fear they will have debts then interest to pay off. this is an intriguing idea because debt companys then stand to lose money from the mass amount of students not taking up loans with them, or students just leaving university who need financial help but are ultimatley going to be better off because of this.
it could be an interesting predicament that could affect the population as with free education it means taxes and rates will increase. this could, in effect, lead to the greater need for small loans so the business could be made up from that, however through this society is not going to be happy by paying for students education when many of them may be doing it so they do not have to enter the real world.
this topic is based around much speculation at the moment but updates will come through when possible
22 Comments:
i agree with this as a student
but as an adult i can see where the selfishness of society will be shown as they would like a free education but not pay for anyone else
true
but what about those people who would then contribute to society afterwards
but then theres still the factor of those looking for a free ride for a few years
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I say they should bring back to grants of old, if the country can afford it. The debt situation in the country currently is appalling and I have a friend who's recently enter university. The amount of loans his been given by the government is mind boggling, he's going to be at least £30k in debt after he graduates.
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