Over-60s to be barred from taxpayer-funded tuition fee loans
Over-60s to be barred from taxpayer-funded tuition fee loans
Posted by YOU_CANT_GILD_ME
Over-60s to be barred from taxpayer-funded tuition fee loans
Over-60s to be barred from taxpayer-funded tuition fee loans
Posted by YOU_CANT_GILD_ME
21 Comments
Automod says this may be paywalled, and the archive link isn’t working for me.
[Image link just in case.](https://i.imgur.com/p7fqcjO.png)
> Labour is pressing ahead with plans to ban people over the age of 60 from taking out student loans for tuition fees.
In the context of our current system that makes a lot of sense. Our current system of tertiary education finance is pretty shit though.
I was not aware this was a problem. The prospect of denying student loans to people unlikely to be able to repay them is kind of laughable though. That will no doubt take us down a slippery slope. I’m pretty worried a government will try to retroactively change the student loan agreements (again) for people who have already completed their education though, and this looks like the start of that slope.
Good… maybe the boomers can sell one of the ex-council houses they rent out for eye-watering prices when they picked it up for pennies. Better still, cash in some of that final salary pension that you enjoy which you got rid of when you became a company leader
I mean, fair enough I guess, they’re not going to be working anywhere near long enough to pay off the loan.
We realistically need to prepare for higher education as an industry to die.
If Universities can only afford to keep the lights on by charging overseas students exuberant fees.
And bachelor degrees can’t guarantee good job prospects anymore either.
Fuck them and let them die to be honest. The best will survive and we will all be better off for it.
I’d lower that cap to 50 to be honest. Start a course at 60 and it’ll be 63-64 before you’ve finished it, giving you only a couple of years in the workforce for any payback. 50 should be the top end.
If they can deny funds based on inability to repay, plenty of young people could be denied too. Cause lots of people never do pay it back.
Reform will be seething for a split second before realising university/being educated is woke.
Not, but seriously, this is the politest way of saying “you probably won’t live/work long enough to repay your loans”
Seems reasonable. I can’t imagine anyone finds this controversial.
When us younger people born in the 90s onwards cant get the level of access to education as our parents due to the insane amounts of debt, i can understand it. But it still feels horrible to deny people over 60 this because not everyone was able to do this.
On top of that what are they implying that once you are over 60 thats it? I get it but also they are not changing anything to help the youth by doing this either so whatever i guess.
I have mixed feelings on this. I think education should be available to all ages. Many people of the older generations didn’t have access to university, the way people can access it now (even though ironically it was free for those who attended way back when). I understand that it takes X number of years to repay back a student loan and companies are less likely to hire older people, but maybe that should change.
Just out of interest if you are detained in a prison but elect to do an open university degree programme who pays the fees?
I’ve heard that in Australia there is a programme called university for the third age. That offers education in a wide range of areas for very little cost. Does the UK not a similar programme?
Alright to clear things up, over 60s can still go to universities. It’s just that they cannot take out student loans to fund their study.
Curious on the figures/impact if it was reduced even further to 50/55.
You’re absolutely right!
For over 60’s tuition fees should be abolished as they’ve likely paid a lifetime of tax and should be able to go back to tertiary education for free, which would not only stave off brain diseases but also keep them active, reducing stress on the NHS and I bet the 18-21 year olds would benefit from some elderly wisdom.
Maybe they should do this for over 50s too I think by the time your 50 if you haven’t requalified to do whatever it is you want to do either fund it yourself or fuck off. That money could be used better elsewhere.
instead of contributing and helping the country, over 60s are gaming taxpayers money until government retirement age
I wonder how many of those over 60 taking loans are studying with the Open University. I bet quite a few. Whilst the OU plays an important part in life long learning and re/skilling they’ve always had their share of older hobby students.
One of the reasons the rules were changed many years ago not to fund those who already had a degree, ELQ regulations.
Good most of them won’t live long enough for the country to benefit from the re education or pay them back