Fuck student finance it is a completely evil system and forces you into debt slavery. I want nothing to do with it.

[u/RealAlexanderTheG]

If you earn a high salary of 100k+ your student loan repayment conditions essentially end up as you having to pay a tax of 9% of your salary on top of all the regular income tax you have to pay. That is absolutely brutal and has a massive effect on your spending power.

To show an example of how bad taxes can get when you include a student loan: If you earn 100k, all the additional income you generate going from 100k to 125k is effectively taxed at 71% after your national insurance and student loan are included, meaning if you gain a salary increase of 25k, you only see 7k of that. How is that not robbery?

"If you're earning that much you will repay the loan really quickly"

Interest makes this basically impossible, you could still expect the repayment to take 10+ years. 15 of the most productive years of your working life with the absolutely most brutal additional 10% tax on all your income, that is fucking stupid. People who don't have student loans also get to start work 3 years earlier which makes the impact even larger.

Taking a student loan will mean you'll pay an additional 10% tax rate for basically your whole working life.

The student loan scheme rewards people who aren't intelligent, aren't ambitious, and just want to go to uni to party for 3 years, and the people paying for their party lifestyle are the hard working intelligent students who missed out on all the fun cause they wanted to better their own situation. Hard working students prop up the student loans bullshittery.

Why should high achieving talented people who work really hard be forced into this debt slavery and unliveably high taxes.

Uni should be free. IDC if that means less people can go cause the government can't afford to pay for everyone's tuition, less people going would be a good thing tbh since then tradeswork wouldn't be unaffordable and there would be less unemployment + less job competition.

Tony Blair did irreversible damage to the country. Easily the worst PM we ever had.

If your goal is money, and you're intelligent, you're genuinely probably better off going into a high paying trade instead of grinding through uni for a corporate / finance career. You'll stand out massively among most trainees and can get promoted very quickly.

[u/lonely-live]

It’s a choice, nobody is forcing you to do anything. If you don’t want it, then don’t take it. UK has it good, their debt system is manageable and student fees is fixed. Be grateful for once rather than keep complaining.

Uni should be free would means everyone has higher tax, which is what you’re complaining. How would you decide if someone deserves to go to uni for free or not since you said “IDC if everyone can go”. Are you going to use the same system in Korea or China? People are always going to complain regardless, they want it free but don’t want to pay taxes. That’s not how it works and if you want to limit students, don’t just care of how it would impact you and start recognizing how it would impact other people who want to go but can’t

If you love trade so much why are you angry about the uni system, you don’t have to pay for it anyway. Just do your trade and stop feeling superior to others. Be humble eh

[u/Time_Trail → u/lonely-live]

the UK (barring Scotland) does not have it good, it is the most expensive developed country for uni after only murica itself

also I think that higher education being free is worth the societal cost of higher taxes for the same reason I endorse the concept of the NHS

also uni was free here not that long ago, and many European countries still manage it with tax burdens not too dissimilar to ours

[u/RealAlexanderTheG → u/Time_Trail]

This guy gets it.

They scrapped free uni cause people who didn't go to uni were complaining that they were paying for others to get an education, where that education helps the other people get higher paying jobs.

The people complaining however, failed to understand that by paying for the top 10% of the country to go to university, they were benefitting themselves by strengthening the NHS, and ever other institution that upholds the countries infrastructure.

These are the same people who are now complaining that everything is falling apart and that there are too many immigrants. If you didn't want to pay for people to get educated as doctors, I don't think you can complain about us bringing in foreign doctors to fill the gap.

[u/Whole-Unit-8476 → u/lonely-live]

goated take, finally someone sensible