Students in uk what a disgrace..glad I'm here

mikelapta



Joined: 20/11/2008
Posts: 2186

Message Posted:
10/11/2010 18:38

Sky news....current now...students invade Millbank....Looks like Greece ugh

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
10/11/2010 18:41

Is this about the plans to treble tuition fees and cut University funding?

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
10/11/2010 18:43

Bill, yes, it's exactly that.



J

yrret


Joined: 17/08/2010
Posts: 761

Message Posted:
10/11/2010 18:56

The French have been revolting for years.

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
10/11/2010 19:03

The poor lambs are right though, they do need a good education. The BBC interviewed two of the leaders of the NUS about the protest and neither of them could string a proper sentence together without them saying ' you no ' every other word. Its no wonder the UK is in such a mess with idiots like these two being produced by the universities. Maybe the government should close them all down and bring back National Service!!!!!

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
10/11/2010 19:11

Just wondering, Geoff1131MK11 / mikelapta - were you asked to borrow money to pay for your education ?

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
10/11/2010 19:13

Again mmmmmm we bow to your superior knowledge, as ever you are correct and are educating us the "great unwashed" thankyou kindly.

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
10/11/2010 19:22

Probably many thousands of foreign students were amongst those of the majority of peaceful demonstrators in London today.

How many foreigners will be allowed to demonstrate on 14 November in Lefkosa?

It's called democracy. Yes it is not always pretty but some of you are prepared to live in a once pretty place but are prepared to lose your human rights. I know where I would prefer to be.

Probably most of the trouble makers weren't even official students.

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
10/11/2010 19:23

re msg 7 Pugwash



I have two dependent kids of 18 and 19 years old who were looking at tertiary education and *thought* this might mean borrowing just over 3K a year and it could be up to 9K...



Now, this doesn't excuse violence or damage to property.. what is YOUR take on the subject ? ... or are you just the one every village has?..

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
10/11/2010 19:24

No Mark, i started working as an apprentice plumber when i left school having just turned 15 ( my birthday is in late June ) and was earning the princely sum of £2-50p per week, out of which i got to keep the 50p. I paid for my own college course as my employer could not afford too and by the time i was eighteen i had two part time jobs in pubs at night and was working all the hours god sent to get ahead.

While the lucky ones ( cleverer than me ) went on to university and came out earning fantastic salaries, money i could never have dreamed of. The proposed system only requires the students to repay their student loans if and when they are earning more than £22000 per year. Now i dont think that is a bad deal as most of them will come out still not being able to read or write so they will never have to repay anything.

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
10/11/2010 19:27

Message 9 more horrid and supposed "clever" abuse from mmmmmm, you must be so proud of yourself mmmmmm.



They need to pay their way, the UK can no longer afford it try that.

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
10/11/2010 19:32

Or better yet stick your hand in your own pocket such a good and clever businessman should have plenty of spare dosh.

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
10/11/2010 19:34

Dear Geoff1131MK11



re msg 10



I don't doubt and applaud your endeavour, but I'm guessing you are debt adverse and I wonder why you expect young folk of 21+ to finish off with debt equiv to 1.5 times ( or more ) what is likely to be their starting salary - if they can FIND a job - in most cases.



I'm aware that they don't have to repay until they are earning 22K+, but have you considering the strain / worry that owing that amount of money might bring?



For sure, you don't seem to be aware that more courses at Uni seek the student to be proficient in English and Maths.



If you want to 'debate' sensibly - at least know 'facts'...

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
10/11/2010 19:43

Mark, if i had wanted to go to university and the system was that i paid for that choice, then i would pay, even though as we have said the debt does not become repayable until the student can afford to repay it. Now after the debt has been repaid the student can go on to earn as much as they can in the real world.

Try telling the guy who empties the bins that he has got to pay his taxes so that the little angels can have their ' free education '

As i said earlier its a pity that some of them did not take advantage of the free education they have been getting for the best part of their last 12 years.



I do hope that your two step kids were not the reason you returned to the UK to take advantage of the free services, you would go down in my eyes if you did!!!!!

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
10/11/2010 19:50

Geoff

ask around to the Brits with children who want them to go to university, I think ,from my experience, most send them back to the UK as the "Unis" in the TRNC are not quite up to the standards as they would wish. So do they also go down in your estimation?

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
10/11/2010 19:50

Its about time someone stood up to all the crap that gets thrown around these days,

Paul.

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
10/11/2010 19:54

Quarmby, if the parents are sending their kids back to the UK for free education, then yes they do. If they have chosen to come here to live then why expect the UK to educate their offspring for nothing!!!!!!!

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
10/11/2010 19:55

Paul

we used to have several general rubbish collecting sessions a year in our area!

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
10/11/2010 20:03

re msg 14 Geoff1131MK11



>>I do hope that your two step kids were not the reason you returned to the UK to take advantage of the free services, you would go down in my eyes if you did!!!!!<<



I did remind you to be sure of FACTS before posting..!



1/ I have 1 x step 'kids' and 1 x 'blood' one of tertiary education age



2/ The main reason I came back from the 'rump' RoC is because the Ministry of Interior 'insisted my family were only 'temporarily resident' and stopped them ( respectively) working / attending school.. I paid taxes in the 'rump' RoC and pay PRIVATE medical insurance here in the UK..



My status is 'self-sufficient' here and I derive my income from overseas.. no no 'sponging' going on... I 'trust' my standing' is now secure with you...



You didn't go to Uni and if you did - you wouldn't have had to pay... - competition for places is VERY high..



The guy who empties the bins is *probably* a net beneficiary of support, btw.

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
10/11/2010 20:16

Respect Mark, glad you are paying your way. Now in one of your posts you say what a strain being in debt is and what an effect it will have on graduates. Well, when i was 27 i decided to buy a home of my own, it was £35000 now do the maths, that was more than 6 times what i was earning at that time, but i went ahead, and bought it, now what was my stress level like? especially when interest rates went up to 15%, but i coped, thats what these students will have to do.

You will never convince me that in the present financial state that the UK is in, that all things should be given away. Everyone will have to suffer so what exempts students from this?

I will probably never convince you that they should pay ( or should that be repay ) so we should agree to disagree, agreed???????????????????????????

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
10/11/2010 20:24

Geoff



but they are giving money away. Heard of the bank bonuses, especially from the ones that are being bailed out by the taxpayers.



msg 17

I thought there are students fees already.

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
10/11/2010 20:24

Message 16 well said Paul.



Just watching the news with pictures of the (now) chief secretary to the treasury Danny Alexander (Liberal) signing a great big poster with a photo of himself before the election stating 'I pledge to vote against any increase in fees' blah blah blah and Clegg saying 'to raise the cap in tuition fees in WRONG, we will resist, vote against, campaign against anf lifting of that cap ......



yeah, all men of principles.... NOT!!!!!!!!!!!!!!!

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
10/11/2010 20:28

With these sort of student fees saddled over them for years how on earth are they going to find a job, buy a home, put money aside for a pension etc etc etc... No wonder they just have to live for today, they can't afford to do bugger all else!!



Meanwhile, lets up the overseas aid budget by 50% to 12 BILLIONS, oh and lets keep the Trident replacement on course for god knows how many more billions!!!



Hopeless crazy situation

fosterscan


Joined: 27/02/2010
Posts: 541

Message Posted:
10/11/2010 20:29

Geoff how can you compare dept on a house to education dept ? would you have been able to buy you house now with up to 20k owed for education ? its ok in scotland though they dont pay.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
10/11/2010 20:37

Good on em i say,too many.Could it be another winter of discontent,i think not, people have too much to lose these days.Thatcher saw to that,

Paul.

gromit


Joined: 28/10/2010
Posts: 75

Message Posted:
10/11/2010 20:43

Mark



It depends where your 2 want to go and what they want to study.



If they want to do 'meedya' or 'event management', they will probably only pay the £3k and probably not get jobs at over £20k for many years, or ever, which will mean they may never have to pay it back.



If, however they have done enough to go to Oxbridge and study Law/Bio sciences/Medicine, those courses are extremely expensive to supply, so up to £9k would seem suitable as they should be able to get jobs at least twice the average earnings with excellent prospects.



I've put my 2 through, the last graduating earlier this year.When I look at the new proposals in detail (which these protesting students are not doing), students on these new terms will actually be better of during lifetime than my 2 are.



With respect, you need to do some homework before suggesting other posters are village idiots.

Pa-trick


Joined: 23/09/2010
Posts: 37

Message Posted:
10/11/2010 21:14

Main casualty after all this is the naive and gullible liberals who are wholly unelectable now. Smart move by the Tories. Poll tax revisited but the Tories have a buffer between them and the electorate namely Nick the dick.

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
10/11/2010 21:46

How can the future be bright if we treble the cost of university places ?



poor kids with this to look forward to .

where other than india do the next generation of doctors ,dentist etc come from ?



The other situation is when they have been educated can they get the correct jobs?



now im all in for a protest ,but lobbing fire extinguishers off roofs ...thats allmost murder charge tackle



we can fund education by reducing benefit payout to all the long term bad back merchants



kav

mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
10/11/2010 23:03

Dear Gromit re msg 26



I'm afraid you have me at a disadvantage - you are familiar with my first name, and this is your first' post .. do we know each other ?



In answer to your Q: One has a place at an Oxford Uni - IT related - deferred - and we don't know the new cost yet..



t'other ( Daughter) has deferred for a year for personal reasons - options Durham. Oxbridge, but she may choose a Uni closer to her home for those personal reasons - new course price unknown.



Like most 'interested parent' I have followed the financial permutations and unlike you I calculate them being considerably worse off - but then I am avowed of details that you 'ain't'.. !



>>With respect, you need to do some homework before suggesting other posters are village idiots.<<



With respect - so often means just the opposite, don't you find?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
10/11/2010 23:15

Kavenkoy. I agree. what happened to 'peaceful protests'?

Goonerboy


Joined: 01/04/2009
Posts: 723

Message Posted:
10/11/2010 23:26

Students at all unis come from a wide variety of social backgrounds, cultures....etc



Having studied all my life in the UK, and spent 5 of the best years of my life at a top UK University let me start by saying that that is one the things that makes going to uni all the better.



However when protests take place, the so called radical elements take over. Most students will attend the protest with no pre-planned agenda.



However groups such as the Marxists etc...will meet several times before hand and plan what they will do, pretty much like how violence at football matches is pre-planned by the few.



On the day of the protest, these radical groups will then infiltrate the protest with non-students as well as students alike.



Free post secondary education creates equal opportunities for aspiring students regardless of their financial situation. Poverty should be no disadvantage, and wealth should be no advantage (Malcolm X).

PaulW



Joined: 20/07/2009
Posts: 651

Message Posted:
11/11/2010 00:28

Message 29- Mark, can I call you Mark I agree, first post from Gromit and so knowledgeable and forward, plus if you call me a village idiot I'll put myself in the stocks! .

What happened today was a disgrace but not by the majority of students, by the thugs who go to the opening of an envelope to cause trouble.

Catch up with you soon

Paul

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
11/11/2010 00:33

Paul it was a disgrace as was the stabbing on this Island at the rainbow Festival. Only takes a certain group to kick it all off xxxxxx

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
11/11/2010 00:34

Reminds me of Paris 1968

http://www.youtube.com/watch?v=JQkActP-isE



Richard

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
11/11/2010 00:39

Jeaz Richard that has taken me back, I was actually there when all hell brook out x Scared for my life.

silentbutdim


Joined: 07/09/2010
Posts: 121

Message Posted:
11/11/2010 00:42

I worked hard and long days and nights to support my wife and my family

Two lovely daughters who I Willingly supported throught their educstional

years, both financially, through my hard work, and family wise so that they

would have a start in life.

The kids nowadays seem to expect all there educational tuition????? to be

given to them on their terms and not on an educational basis.

It worked for me and i suspect it worked for a whole lot of other expats who

had children in the educational sysyem back in the Uk all those many years ago.

What has gone wrong with the system???

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
11/11/2010 01:11

The goverment is trying to claw back the money they spent bailing out the banks hence funding cutbacks across the board. Can understand why young people are angry about having to pay for the bankers mistakes.

littlejohn


Joined: 09/03/2009
Posts: 316

Message Posted:
11/11/2010 01:35

Many ms - i've told you before you are wasting your time !!

Mikelapta - I'm glad your there too !!

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
11/11/2010 01:56

Riot.........this is only the start of things to come in London.



I feel sorry forthe Police....they will be facing cuts to their budget soon. Some may wish they were with the students today in Millbank venting anger. then again....all that overtime that will soon be in the offing.



Remember.... we all have to pull together!



Tiggy, member of "The Tooting Popular Front" !

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
11/11/2010 02:22

Tiggy:



"Power To The People"



Used to love that programme

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
11/11/2010 08:43

The Police should have lined up the Students and gave them a good lecture. )

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
11/11/2010 13:22

Do you mean the few hundred, probably the trouble makers who weren't students anyway, or do you include the 40 odd thousand students who demonstrated peacefully?

gromit


Joined: 28/10/2010
Posts: 75

Message Posted:
11/11/2010 14:10

Mark re 29



Excuse the familiarity but I had noticed others calling you Mark.



Being at the end of my childrens times at Uni, I am fully aware of the past costs and the future liabilities they have.

It is wrong to call their liabilities Debt, it is not, it is a loan which is repayable if they gain good incomes. If they do not, it will eventually be written off.

It does not show on any credit report as debt, so will not affect any application for loans, mortgages etc.



I am one of those who consider that the Graduates who succeed in life should be prepared to repay their Uni costs and not make it a burden on Taxpayers in general.



Should the Taxpayer be expected to pay for students studying Drama, for example, where currently there are only 4 'actors' in every hundred currently in employment, which means the other 96 may well be a further burden on Taxpayers by way of benefits.

rocking


Joined: 05/11/2008
Posts: 421

Message Posted:
11/11/2010 15:22

Message 39



The Met has already cut all overtime. After 8 hours you have to 'stand down'. So no wonder the poor sods yesterday about 250 police were trying to hold back 50,000. Great time for the crooks at the moment.

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
11/11/2010 15:57

Mr Cameron knows wha he is doing. If it only taked 250 to hold back the masses then so be it. When O/T is needed it will be available.



Jeannie, it was indeed a great programme.



"Freedom for Tooting" Wolfie Smith with his two side kicks "Tucker" & "Speed" Shirley's mum called him "Foxy" by mistake!

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
11/11/2010 16:49

Rocking



please stop such exaggeration, there was not 50000 at Millbank House. the majority of students were peaceful and required no police control.

jock1



Joined: 06/01/2008
Posts: 3786

Message Posted:
11/11/2010 16:56

i would Give them all 100 lines...

PaulW



Joined: 20/07/2009
Posts: 651

Message Posted:
11/11/2010 17:20

Tiggy, sorry this is off subject, but I went to television centre and saw them record one of the episodes. It involved the South African rugby team, it was when apertheid was still in RSA. It was very funny and done in surprisingly few takes.

Quarmby, don't nit pick, there was 50,000 involved, okay not all at Millbank. I think the point rocking is making is about how few police were on duty due to cut backs.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
11/11/2010 17:31

Msg 47

Don't you think they take enough drugs as it is?!



Richard

jimchris09


Joined: 13/02/2009
Posts: 547

Message Posted:
11/11/2010 23:24

Too many young people go to University these days in UK. They "study" half-baked, non-academic courses and probably expect the world to be their oyster when they "graduate".



The country is short of young people with appropraite technical, and even "life", skills which they should obtain by the end of secondary school or within a few years of leaving through apprenticeship/sandwich type courses.



So many young people these days can't even speak properly or write simple sentences. Completing forms is a real challenge for them!



We're all doomed!

Quarmby


Joined: 15/09/2008
Posts: 975

Message Posted:
11/11/2010 23:34

Perhaps, the parents, they are the ones that produce them, could take more responsibility in teaching life skills. Many of them appear to wipe their hands of excepting resonsibilities for their offspring.



Perhaps that's where some of the problems exist.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
11/11/2010 23:43

Having spent the last 38 years working in the UK and paying loads of tax, they have anounced that my children will now have to pay 9000 per year fees to get educated. If you think that is fine I feel sorry for you, may the student take on this disgraceful government and the cronies that run the universities.



First we had Mrs T who cut back on milk and toas to primary schol kids to give cuts to the rich and now we dipstick from eton who doesn't know his a**e from his elbow making university education available only for the rich.



The other day London University head who gets paid 400,000 per year anounce that he could not afford to pay the cleaners the minimum wage of 7.50 an hour.

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
11/11/2010 23:51

Without reading through all the messages I would likr to say I was disgusted on my first day at uni. I was told by the lecturers that I could not sign up for the degree unless I joined the student union. Closed shop or what?

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
11/11/2010 23:55

Mike it is so reassuring to concentrate on the things that really matter.

LaptaMike


Joined: 07/10/2009
Posts: 1679

Message Posted:
12/11/2010 00:02

YFred, I don't know why you hate me so such, is it really worth dragging each other down mate? Trying to hold out an olive branch because it's not really worth it.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
12/11/2010 00:13

Just as well I have loads of olive trees in Cyprus. It's personal mike, really it's not.

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/11/2010 00:19

You know my oldest grandson is about to go to uni,His parents will be paying. What I want to tell you is I watch the weakest link, about 2 years behind here. Mrs Robinson tears the students apart, as she says are we paying for you. What gets me if the are asked a general knowledge or maths question they do not have a clue. All modules now, anything beyond they cannot grasp. Our day we had to attend all lectures now they can choose, is it all a cop out for the youngsters. I despair for them. My middle daughter has 3 masters, my eldest went back after having her 2 0f 3 children to do a law degree, my son never ever went, thank god he is now working. No 1 daughter works in a clothes shop, No 2 teaching but just laid off

laptarunner



Joined: 02/11/2009
Posts: 217

Message Posted:
12/11/2010 00:23

The one's on the roof of Millbank, I would sealed off the exits from the roof, hosed them down with some cold water, left them overnight to consider their plight. This morning arrested the lot as they came done, after they cleared the mess, below.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
12/11/2010 00:37

You think you can do that to 50000 people? The students seem to be more radical than ever. Watch out for the fireworks and I am not talking about Guy Fawkes, what?

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/11/2010 00:46

fred do you think it will be like paris uprosing again x

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/11/2010 01:00

sorry uprising xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
12/11/2010 01:16

Liz

Do you really know what nearly happened in Paris 1968?

The army, unilaterally left their military base in Versailles and were half way to Paris when Charles de Gaulle found out what was happening and ordered the troops to return to base otherwise it would have a complete blood bath. The Communist Party quickly capitulated.



Richard

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
12/11/2010 13:22

I have the feeling the Police high ups knew that trouble was in the offing and deliberately kept the officers on duty to a minimum to make a point. When the cuts were first announced the Police advised the government their could be civil unrest. (getaway)



this is only the start of it.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
12/11/2010 13:28

Jock. Message 47. What school did you teach in? )

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
12/11/2010 13:33

Lilli,

No, British students can never achieve the standard of demonstration demonstrated by our French cousins.

I suspect that this law will be removed at some stage when they find out that students will not enroll to University and sign up on the dole instead.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
12/11/2010 14:31

The students are angry because ,unlike labour or tory, the Libdem MP's individually signed pledges that they personally would not vote for it and got into power with the help of the student vote.The students are not stupid enough to take in that the libdems did not know about the economy before the election,my Budgie knew!!

Telling a lie by ommission and writing a lie on paper are two different things.

add that to-

Mp's expences, Bankers bonuses untouched at the same time as everyone else takes a hit,Letting the rich and some MP's exploit offshore tax havens. Lying to go to war for oil.

The biggest lie of all ,told by multi millionaire Ministers 'we are all in this together'

Maybe the young have a right to riot?



They might think we have a cheek , after we get our free education ,telling them they cant.



For those who tax evade,shut up about what the country can or cant afford,If you didnt steal from the exchequer we would have more money for funding.

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
12/11/2010 15:12

I think the point is cuts or increases have to be made in all places or else the country is in real trouble, now where those cuts or increases are made and how they hurt depend on your circumstances, but it will hurt all I am sure, however it never hurts the rich as much because they are only less rich, when you are poor a few pounds can make a big difference.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
12/11/2010 15:16

Hear Hear Pugwash.

swannee7


Joined: 21/08/2009
Posts: 394

Message Posted:
12/11/2010 18:13

Nobody on here seems to have commented on the govt's actual timeframe and reasoning behind this 'increase in fees' and the peaceful student protesters also seemed to be blissfully unaware of the ramifications. Briefly:

1. There will be NO IMMEDIATE fee increases. Earliest implementation between approx. 2013-2015.

2. Uni students already know & accept they have to pay around £6K p.a. to fund their education. The proposed fee increase will be an extra £3K p.a - giving us the dreaded total tuition fee of £9K in about 3-5 years time - when current students will have left uni.

Now - look at the picture in a totally different way. Imagine you've run your own small company for some 15 years and visit your bank manager for a loan - looking for an investment of £20K, a sum that should (all being equal) secure the future growth & prosperity of your business. ( Please wait for my 'thesis' to finish before commenting. Thanks.)

swannee7


Joined: 21/08/2009
Posts: 394

Message Posted:
12/11/2010 18:25

cont'd. (2)

You have no collateral and will expect a repayment 'holiday' of at least 3 years. If you fail to make a return on the investment for whatever reason, you will repay nothing. Even if things are just ticking over nicely with, say, an annual profit of just under £21K (remember, you borrowed £20K), you will not be expected to repay the original loan. ONLY if your business is actually booming would you start repaying the loan - and even then on an advantageous sliding scale. Should you decide to 'shut up shop' & close down your business you would also have the right to stop repayments on your loan. Sounds like pretty good terms to me. Oh yes, one final thing. If your bank agrees to your terms just go ahead and smash its windows - in protest at the unfairness of it all.

(Thesis over). Think about it. Genuine hard working, ambitious students are being offered a fantastic deal. The rest are members of rent-a-mob & no-hopers.

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
12/11/2010 18:36

You mean income I think? not profit?



an annual profit of just under £21K





Otherwise a good point and I agree with you.

swannee7


Joined: 21/08/2009
Posts: 394

Message Posted:
12/11/2010 20:53

Pugwash - thanks for your input. Trust you saw through my 'point' and realised that the terms attached to the govt's planned fee increase are all in there? Seems the protests were just a backlash reaction as the Lib-Dems (pre-Election) had promised not to touch student fees......

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
12/11/2010 20:56

Yes i did swanee7 seems fair enough under the present circumstances.

littlejohn


Joined: 09/03/2009
Posts: 316

Message Posted:
13/11/2010 03:23

Yet another enlightened forum.

You probably all went to uni with laptamike!

Did you really go to uni Mike?

If so - it was a waste of tax payers money.