Quote Originally Posted by rory_20_uk View Post
Where does 9% come from? And 3 years, at 9k each - how does that become £60k?
With tuition fees this high, a student should not waste time on a job next to his study. He shall however need to eat. So three years of tuition fees plus three years of very basic needs of rent and food and medical care. 60k - 80k.
The parents of prospective students from higher income brackets can buy you a house, support their child financially quite a bit more, so he shall have to borrow far less, which makes it more attractive to study. Even if both the wealthy and the poor student both decide to study, the poor one will be tight down after his study by an enormous debt, limiting his options. Consider it a lifelong shackle as punishment for the insolence of wanting to better himself.


Also, I don't do sources. My source for the 9% is an interview with Lady Sharp:
Spoiler Alert, click show to read: 
The Liberal Democrats ran into fresh trouble today when the party's higher education spokeswoman in the Lords, Lady Sharp, said she was not sure she could vote tomorrow for the coalition government's trebling of tuition fees.
Sharp told the Guardian: "I face a dilemma. I have a lot of reservations, and I am in the same position as many Liberal Democrat MPs. I have not decided how to vote."


Labour announced that it would stage a vote tomorrow to reject the Commons decision to treble tuition fees, ending doubts that Labour peers might feel constitutionally prevented from opposing secondary legislation.
Sharp said she was not sure the proposals would save the government money, adding: "That makes me question whether the whole exercise is worthwhile." She said: "The proposals will hit middle-income groups and burden young families with a household debt of £60,000 to £80,000 at an interest rate of 9%, just at a time when they are trying to raise a family and start a home. That is a serious disincentive."
http://www.guardian.co.uk/politics/2...ees?INTCMP=SRC