UK cost of learning crisis: New threats to students' futures?
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- čas přidán 28. 07. 2024
- Education is the key to a better future - at least that's what we've always been told. The cost of getting a degree is on the rise in the UK, saddling graduates with massive debts.
So is going to university still a good investment?
Guests:
Colin Alexander
Senior Lecturer in Political Communications at Nottingham Trent University
Rose Stephenson
Director of Policy and Advocacy at Higher Education Policy Institute
Tia O’Donnell
Campaigner for Tuition Fees Refund
Graeme Atherton
Head of the Centre for Inequality and Levelling Up at the University of West London
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She's right to ask for a refund for the part of education she didn't receive! Since one has to pay to go to uni, it's only fair to expect the service to be comprehensive.
University education is like going to the car boot sales - yes refund for junks
My degree fee were less than 10k for three years. I graduated in 2011. If I graduated 3 years later I would pay around 30k for the exactly the same degree. So, triple the cost for exactly the same degree. I don’t see how that’s fair.
The issue is with the Student Loans Company which runs the lending programmes. They are free to increase the interest rates at any time, even if you have signed fixed rate contract. Last year my rates were changed without a letter and added 5 years to my repayments. This is a government organisation so it’s any easy way to generate extra taxes.
These system of charging interest on money lending has always been fraud and works in favour of the rich.If you have time to study ,just look at islamic economy and how it works.
A degree is not a guarantee of your career success, you couldn’t ask for refund once you can’t find a good job after your study.
To be fair, refund is a good start to make a good impression not only for national students but also for the international students since uk gets huge numbers of students every year. Like he said north of england is just reliant on students for their livings.
Not for international students, they chose to come here to study knowing how high the fees are. Every country has good unis
@@bdh711 Oh don’t get me wrong i think it’s all about fairness. Students feel they did not deserve what they’ve got to deserve so ask for the right. It’s kinda sad like deviding and withdrawing some parts of the group..we are all students…struggle to make ends meet…no offense or anything..
The issue here is that they are running an education business. To attract more students, they lower the entry requirements for English language certificates. Meanwhile, lenders might increase interest rates, which can disadvantage students. Additionally, international students face difficulties with restrictions on part-time work and the high cost of living in major cities due to rising inflation. To alleviate financial burdens, students can seek scholarships, grants, and suitable part-time jobs
The tuition fees went up and never came back down.
I studied at a UK university (MSc) from 2013 to 2017, and the total tuition was around 20k. Now, it’s more than twice as expensive.
Ask them how many more staff they hired during the lockdown; that’s why the costs increased drastically, along with greed.
Nordic, German and French universities usually don't charge fees. In such a case studying is an enjoyable and less risky experience. But, where students invest thousands of dollars/pounds, then the financial burden is carried forward.
Also, apart from the top 5 or 7 UK Universities, others don't actually help students develop skills.
What is the point of getting a degree if there is zero skill development and skill deficits in the economy persist?
Not worth investing time or money!!
Better opt for a polytechnic.
Yes we still have a choice between a Degree and a technical Trade - electrician plumber plasterer roofer boiler technician ..all these trades attract high incomes..There is then tension between a Degree in Electrical engineering and a draft man in Electrical Power Systems. The draft man would have 3/4 years work experience . Whereas the Degree engineer will start with a lower salary plus a £70,000 Student Loan.
We cannot all study in London and we cannot all be artists
My son is a British student but he rejected offers from UCL and Manchester for universities in Hong Kong. It is too expensive to study in the UK.
Hong Kong cheaper than manchester? Lol
@@givenchy3334 I know right? Hong Kong is one of the most expensive places to live in the world
@@givenchy3334 Probably got a scholarship. There's lots of them available for the academically superior, unlike the UK
I dont agree with the argument of higher solary in arts industry. When i went to college, i graduated with a portfolio that helped me to get into uni. But when graduating as a 3d aniamtion bachelor, i had nothing but paper. We did so little that could be used later to get a job. Throughout the year, instead of being taught through lectures or being supoerted, we needed to depend on youtube tutorials. And wasted hours on coding and vfx modues when all of us were in there to progress as 3d artis in environment or character or 3d animation. And just before uni closed becasue of covid, we were told that the whole course will be remodeled for next students to fit more what we expected. So we colplained and had to suffer for 3 years so now to be told thibgs could be changed and they are being changed but for next 1st years 😤 so i have 70k debt, no portfolio, no job and if all i needed to learn in uni was on youtube, i should have just gone to youtube uni for free.
I finished my master degree when Covid was well over and we were allowed to meet. My uni decided to keep all lectures online.
I feel scammed because I didn’t get the chance to meet my peers and network. What’s the benefit of going if you can’t get good lectures and make friends?
My take is that one doesn’t go to Uni to network and socialize? Mostly, you push the boundaries of your understanding and learn something?
@@janmichaelvincentgarcia6988 then why pay thousands of pound when I can "push my understanding" for free using youtube?
@@janmichaelvincentgarcia6988
But Networking helps in practical life, when you are looking for Jobs and what's the next in the field pursued.
The debt doesn’t even feel real. I don’t feel the weight of it
“Only the educated are free.”
Epictetus, Foundations of Greece. Book 1, Chapter 2. 450 B.C.
Median salary is $12000 or more ... I mean isn't there a survey done in the UK given the title of the video is about UK students?
I graduated last year in Financial Sciences and got an upper second class honours 67% and have been unable to find a job and now stuck with £80K in debt.
Fees were 9.000£ for so long? universities will broke if someone does not cover the increase that the students are not covering right now.
Parental support is very ambitious word choice, there’s a huge difference between providing for young adults and paying for young adult expenses!
The first speaker is ironically asking for a refund 'due to strikes'- in her own words, while flaunting the P flag on her left ear. Millions of hours have been lost to university and public protests, on an issue that the institutes have little control over. She has not only been part of the problem, but also made fellow students lose valuable lecture time. Typical hypocrisy.
I don’t think she’s critical of the strikers but more likely the universities that failed to negotiate and listen to a highly unionised staff base which then caused strikes to happen
Honestly, universities should be state funded in the UK, and unis/courses that are not delivering quality degrees and don't improve should be shut down. Education is an investment in our people, and shouldn't be locking anyone in a lifetime of debt. I only support fee charging in unis that can actually differentiate themselves from the rest, top 5 at most, and even there it should at most be supplementary. It's nonsense to be charging these fees from people who can't ever even repay them. I say this as someone who has repaid their student fees, but mine were under £15k for 4 years! Having £80-90k is a whole mortgage in some parts of the country, and it makes no sense to saddle people with that if they will never have the income to pay it.
Presumably the costs were known beforehand the decison had already been taken....am I missing something?
Yes… but would you loan 50k to a 17 year old and think that they would fully understand what they are getting into?
@@jimmybob4306 I'd hope they had thought about it before hand being the so called cream of the crop....better still why not go on CZcams and winge how hard done you are by it all...a future employer gong love watching it!
@peteturner8493 I think that future employers are going to be understanding because they also have student loans as well. I also think that the main problem in university education in the uk is that we confuse it with Job training. This leads to students coming out of university with no idea of how to do the jobs they have and needing to be trained again by the company. So the way to solve the issue is fix the job training part (make it more ie make it more like Germany). Then replace student fees with a graduate tax to remove the pressure on students and not punish non grads. And stop forcing all students to go to university at the age of 18. Personally, I would love a university system that had more middle aged and elderly people who want to learn. Like I feel that a lot of people who are going to uni age 18 are just going because there are no other options and are wasting everyone’s time and money. Views?
@@jimmybob4306 I'll try to cover most of your points: believe a large majority go into uni with little idea of what to do afterwards. Who's forcing anyone to go to further education, probably best at age 18 or similar as so much harder later on in life. Who pays the Graduate tax the student? I'd hope your future employer having a student loan would be the exception not the rule!
Where I am, the issue isn't just the cost, it's what's available. It's an almost 4 hour round trip by car to the closest place to do my business degree. It's 6hr round trip by public transport. There's a lot of poverty where I am in the UK as there's so few educational opportunities.
Highest fees educations are in US and UK which it is no coincidence that both universities rank high on world ranking… 😮
All my friends that went to university are now tenants of mine. 😂
It's better to do practical work, to help save up and allow one to to also earn whilst you learn.
E.g. working a part 3 day a week job whilst doing a Bachlors or Masters.
I saved up the past five years to enable me to pay for a Masters degree tuition.
The bonus is also working in a role relevant to degree programme.
We live in a world pushing young people to do everything in a shortspace of time instead of pacing oneself.
Simple, study in other countries. Avoid study at UK at all costs, for sure the fees will going down. Because there are so many demands worldwide to study in UK
Im going to assume here she did a degree in like 'Art' or 'History' or another degree which generally, unless your family has the contacts or you can be sure to establish them... is pointless, unless you settle to be a teacher.
Im not sure what refund she wants, if shes not in higher paid work, she wont even have to pay for the degree she physically signed up for. Nobody has actually sold her anything, she found the course, and applied. It's not the Universities fault that she didn't do her homework.
This is honestly like trying to return a car 4 years later because the sunroof wont open.
People like you are sad
Social services, social life’s are definitely getting blocked by financial services requirements.
In my country (Turkey) my collage fee for a year to new students is around 33.000 dollar while international students’ 25.000.
Is your university degree valid in Europe?
That was the reason I did quit when I was at the beginning of the stage 2 in CSM Fine art.
A good government should see Universities as vital to the ountry as is Primary Education,and should not rely on students fees to fund them
They should give her the refund but she should give her degree back
Just work and pay it off in 10 -15 years. What is the problem?
“Roots of honesty and virtue lie in good education.”
- Plutarch, Lives of the Ancients. Book 1, Chapter 2. 200 A.D.
Let’s be real there are some people who make more money from a skill set that require a degree. Skills that pay the bills that people don’t want to do ie plumber, electrician…… I attended University in The UK back in 2010-2013 and I am American.
Gold shines wherever it is, and it is always valued. But if you are iron, you will sell for a low price no matter where you are."
International students in China, suffered most related to medical studies.
Abolish Student Debt
What is the real cost of a student for the unversity?
No.
Teaching is a business in the name of service
What about public and private settlements and public fairness?!
You go girl! Hope you get a refund!
Try the cost if usa universities . Almost bankrupted my mum and dad . In 1980 it 150 thousand
you want low taxes.... this is what you pay for
@GiambattistaRossi my father payed extremely high taxes in the united states as a new york city attorney. In fact almost 50 percent of his salary . So it is just plain ignorance to think Americans pay less tax . In fact we are taxed to death and get nothing for it . 20 thousand property tax . Council tax is capped and fair . Outrageous medical insurance premiums . 700 my mom payed a month it goes on and on . Dual national living permanently in England. You don't know how good you have it .
@@michaelgerardcondon8531 i am referring to the UK.... USA education is a disaster .... a burst bubble
@GiambattistaRossi it is a disaster. Sadly when I grew up uk education was free and the government also payed your upkeep. They have done away with both sadly and the nhs is on its way out like nhs dentists . Also the privatisation of rail has made it to expensive for the average family to see the country. I have come back and forth since I was a kid . Unfortunately both countries ###### in different ways .
No way would I ever go to university today. So not worth it. Saddle yourself with a huge debt? No thanks.
What massive debt? Still cheap, being subsidised by foreigners. Too much complaining
In my country Education is totally free + the government pay money for all the students monthly 200$ even In holidays to help them with expenses.
Idk why the UK (and other countries) making it so hard for its people to be Educated.
If you think of it those students will help the country by working and earning money, they will help the growth of the country.
Yet they are making it easy for the children to ruin their lives and do illegal activities.
Avoid as they say the arty farty subjects there are no job prospects. Please take my advice. These departments need to be closed down!!!!Don't go to university if you cannot become a qualified teacher, engineer or doctor
Education sector is different to universities and government
Bro ya dont need go education way. .i got 3 gcse - 1 D and 2E. Just stupid papers. I working brick layer making mad money. Am stacking geeez ma bro
Having a degree doesn’t garantee a job even if the job in question requires a degree.
Increase the student loan then, remember borrow it and no need to return, all my friends never return it don’t affect you
Already here not in future
Sounds like America. And increasingly, the whole world.
Even in South africa
What's on her ear?
Wokeness
How does raising your consciousness pay my bills?
She got a degree, there’s no value of service other than a degree?!
So UK national income (GDP) was £2.5 trillion last year…..
……and we don’t have the £3-4 billion that universities are currently lacking to make good the shortfall?
Something is not right here.
That's real estate bubble economy thay don't have any manufacturing
No comments.😅
Virtue signalling by the lady with the painted ear... No place for it in this video
Seethe or cope, your choice. And it looks like you have chosen the seething option. So, marinate in those feelings!
@@MoeMa4 yeah... okay 🤷♂️
What’s on that one ladies ear?
The flag of Palestine, I think
Free Palestine!
They're just making the UK great again. 😂
If you`re enrolling on a mickey mouse BA degree, don't be surprised if you can't find a decent paying job at the end of your stint, by which time you`ll probably be massively in debt. Sadly, you`d be much better off acquiring a universally valid skill set after leaving school.
I 🙏🏼 I win the lottery
The real gripe is to blame the British government and political leaders that have supported macroeconomic/trade policies such as Brexit that have destabilize the economy causing increased competition for jobs among college graduates. In a society with rigid social mobility, prospective college students from working-class backgrounds will find obtaining a college degree ever more elusive!
Thanks for painting your ear for Palestine 🇵🇸 ❤
@@duaxsn3470 what about the hostages still held by hamas?
Still with this cost, students come here for study and govt don't want to give jobs to immigrants while they wants to give aslyum to illegal immirants. Reducing the higher salary for work visa would be a good thing to these students, atleast give jobs to these students than getting more people from abroad.
Luckily my kids have an EU passport and will be able to attend university for free!
How do EU passport holders get free uni education? I have an EU passport and cannot find courses I can afford.
@@deebee192 check out universities in Vienna
@@deebee192 Vienna
scams
Viva Palestine.
No offence - but she did take an Arts degree. That was her first mistake.
Paint your ear and after complaining cannot find a job because her degree is not good 😂😂👂
@@loryteck she's just another sheep that virtue signals
No refund will be given. Too bad, so sad. Such entitled youth.
I didn't know you could go to this talk show with the flag of a terrorist state on your ear. Interesting times we're living.