It is simply wrong that the younger generation should be picking up the tab for the economic mistakes made by their elders.
Having just finished my Masters and still searching for a full time job, I haven't begun to pay back my student loan as yet, but the thought of it scares me regardless of my mother's insistence that I should just think of it as another job to tax. In my Uni days (2006-2009) I was faced with £3000 tuition fees in the final two years and about £3500-4000 on living costs. Now imagine your a student faced with £6000 or £12000 to pay each year and I defy you to honestly say that it wouldn't put you off going in the first place.
The idea, Lord Browne says, is to truly create a market in tuition fees in which fees are driven down by the need to compete. This ignores two facts:
1) Universities will believe that charging higher fees portrays them as more prestigious, fighting to keep up with Oxford and Cambridge, so they won't necessarily put fees at a lower level.
2) There is a vast over-subscription to University places in these tough economic times, and all the fee hike will succeed in is to scare off those whose parents have a lower income because they fear being burdened with such a heavy debt further down the debt.
3) Those who were not dissuaded from going would likely feel it necessary to take on lengthy hours in part time jobs to try and keep the use of their loan to a minimum, in the process likely damaging the final outcome of their degree.
When I applied to University, money was not a factor in my decision, having it any other way would be wrong.
Mike Baker (BBC) quotes Tony Blair who points out that USA frequently top international league tables because they are able to charge whatever price they like, but that doesn't make the approach right. Their education system, along with their health system and many others, merely results in massive inequality between those who have the means and those who don't.
Claims in Browne's report that Universities over £6000 will be 'scrutinised' is frankly laughable and is not comforting, perhaps the only positive thing in the report is the fact you don't have to pay back until you are owning over £21,000 a year. However, I still don't think this will prevent the less well off from being dissuaded, fearing starting their working life with £30000 in debt, climbing all the time as interest accrues.True, education was singled out by the Economist as the one area in which New Labour definitely had not made a positive impact, but surely unlimited tuition fees could be a massive setback for social mobility?
I don't envy Lib Dems being whipped to within an inch of their lives on the measure, but if the final Bill remains in this form, I hope MPs have the courage to go against it (not just abstain), regardless of the risk to the coalition's future.
I've worked for Vince Cable and I am sure he will stand up against the report, time will tell where the fee ceiling will be set, but early reports are suggesting £7000 which is just too high, fingers crossed he will use his political nouse to reach a more acceptable compromise.
Apologies if that was a lot of ranting and not full of facts, I have a tendency of using this blog as a place to vent my political frustrations, I will try not to in future!



