Martin Lewis' summary of what the Augar report means

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My quick and dirty VIDEO summary of what the Augar report proposals would mean for students, inc:
- Why overall it means the state pays less, the individual pays more.
- Why lower tuition fees and maintenance grant primarily help higher earners
For more information: www.moneysavingexpert.com/new...

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29 май 2019

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Комментарии : 9

@coops1227 5 лет назад

Will this apply to people who've already finished university?

@michaeljohnson7929 5 лет назад

As far I understand, they can't retrospectively change your loan agreement. this is similar to how we have band 1 and band 2. Imagine your mortgage company saying, hey we want you to pay 15k a month now rather than £300... you get my point.

@TheStevenWhiting 5 лет назад

Wipes are a set time? Is that the new system? The Student Loans Company system I was always told wipes after a set time, but when I asked Student Loans Company about this, they told me "That's wrong. It never wipes out, you'll always have to pay it back". I paid it back eventually but overpaid so they had to pay me some money back. That was several years ago now though.

@mathewabraham1928 5 лет назад

where can i watch your money show online, it seems unavailable to watch on any site

@JodyNate 5 лет назад

Question: Will they stop selling off the Student Loans to debt collectors and applying for CCJ(S)? Will past students be forgotten or included in this change?

@davechandradasa6130 5 лет назад

I am 54 , went to university for free. It is so unfair that students have to pay a graduate tax if they earn over the threshold. Pension age has also gone up and maybe state pension maybe nonexistent when current students retire. We have had it so good in comparison.

@WoodenPickProduction 5 лет назад

Most students under the current system go to university for free as well, because most graduates will not even repay their maintenance loans.

@davechandradasa6130 5 лет назад

Hi Luke, when the ex- student earns more that £ 25 k they will only pay 9% of the amount above £25k. I just fell guilty that my generation received degree education for free. Maybe the 9% could be put to pensions as that will be another issue in the future

@WoodenPickProduction 5 лет назад

I’m aware of this, because I am a student. But don’t forget the loan is made up of two parts: tuition fees (paid to the uni) and maintenance (paid to my bank account). Most students don’t earn enough in their lifetime to even pay back the maintenance on its own. So it doesn’t matter how much tuition fees are, if most students never have to pay them.