higher taxes for graduates??
Author
Discussion

tonym911

Original Poster:

19,488 posts

235 months

Thursday 15th July 2010
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What sort of message does that send out?

fido

18,917 posts

285 months

Thursday 15th July 2010
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payback time for that expensive 3 years at university?

okgo

42,232 posts

228 months

Thursday 15th July 2010
quotequote all
did you read the rest of the report at all?

Says that they will do away with the fee's, this is just another way of paying it back, don't see a problem to be fair.

Alex

9,978 posts

314 months

Thursday 15th July 2010
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What if you drop out in year 3?

Smiler.

11,752 posts

260 months

Thursday 15th July 2010
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Sounds fair to me - an investment up front by the Gov't, followed by a repayment by the candidate once they have a job.

Or have I missed something?

Don

28,378 posts

314 months

Thursday 15th July 2010
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It's bks.

What if you don't go to uni but earn a fortune? What if you go to uni but did Art and are starving?

Our current tax system is largely fair (barring Labour's 50% crud). It's based on ability to pay but (used to) tops out at 40%.

If you get a degree and it helps you earn a lot you'll pay more tax.

The only upside I can see of a Graduate Tax is that it would, inevitably, encourage people to go on vocational degree courses likely to help them get well-paid employment.

It would also encourage UK graduates to move abroad and pay tax to other countries, instead. Not a great idea...

Don

28,378 posts

314 months

Thursday 15th July 2010
quotequote all
Smiler. said:
Sounds fair to me - an investment up front by the Gov't, followed by a repayment by the candidate once they have a job.

Or have I missed something?
If it's a repayment it would be a student loan - something we have now. A graduate tax would be something you just have to pay if you have some letters after your name. What's the betting it would be applied to ALL graduates, not just new ones. And do you think the poor bds who owe student loans would be forgiven them because they were now paying Graduate Tax? Hmmm

rypt

2,548 posts

220 months

Thursday 15th July 2010
quotequote all
Don said:
It would also encourage UK graduates to move abroad and pay tax to other countries, instead. Not a great idea...
Something you can already do, and then pretend you are being a Hermit and are unemployed bum there

okgo

42,232 posts

228 months

Thursday 15th July 2010
quotequote all
Don said:
Smiler. said:
Sounds fair to me - an investment up front by the Gov't, followed by a repayment by the candidate once they have a job.

Or have I missed something?
If it's a repayment it would be a student loan - something we have now. A graduate tax would be something you just have to pay if you have some letters after your name. What's the betting it would be applied to ALL graduates, not just new ones. And do you think the poor bds who owe student loans would be forgiven them because they were now paying Graduate Tax? Hmmm
Yeh, but the tax replaces the tuition fee's. Student loans aren't free and also come out as a percentage of what you earn. What is the problem here? It might cost a little bit more, but its likley to be a damn sight easier to sort out.

JagLover

46,803 posts

265 months

Thursday 15th July 2010
quotequote all
Don said:
It's bks.
It is complete bks and will mean those who went to Uni to study useful subjects will subsidise the media studies etc graduates.

A fee is far fairer, you are purchasing a service at an agreed price.

TuxRacer

13,966 posts

221 months

Thursday 15th July 2010
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So, you get a degree in Chemistry, find there are no available jobs and end up starting a plumbing business only to have to fork out on paying for many others to get degrees in David Beckham studies?

First stupid idea I've heard from this coalition.

Esseesse

9,027 posts

238 months

Thursday 15th July 2010
quotequote all
Don said:
Smiler. said:
Sounds fair to me - an investment up front by the Gov't, followed by a repayment by the candidate once they have a job.

Or have I missed something?
If it's a repayment it would be a student loan - something we have now. A graduate tax would be something you just have to pay if you have some letters after your name. What's the betting it would be applied to ALL graduates, not just new ones. And do you think the poor bds who owe student loans would be forgiven them because they were now paying Graduate Tax? Hmmm
Can't be retrospective shirly?

fido

18,917 posts

285 months

Thursday 15th July 2010
quotequote all
TuxRacer said:
So, you get a degree in Chemistry, find there are no available jobs and end up starting a plumbing business only to have to fork out on paying for many others to get degrees in David Beckham studies?

First stupid idea I've heard from this coalition.
Unfortunately, this is a legacy from NULabours degress-for-all policy - so are you proposing that Grants be provided for 'proper' subjects only? I'd certainly go along with this.

Esseesse

9,027 posts

238 months

Thursday 15th July 2010
quotequote all
TuxRacer said:
So, you get a degree in Chemistry, find there are no available jobs and end up starting a plumbing business only to have to fork out on paying for many others to get degrees in David Beckham studies?

First stupid idea I've heard from this coalition.
Good idea. I'd say there are too many doing Chemistry. Don't expect the tax payer to pay for you to do it just because you feel like it.

TuxRacer

13,966 posts

221 months

Thursday 15th July 2010
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I'd propose that you should pay for the eductation you choose to take up.

I'm all for bright students short on cash being helped out on proper courses, but that should be a side issue. I don't see why you should be made to pay for students doing proper degrees even just because you've become a financial success having happened to have taken a degree course.

Engineer1

10,486 posts

239 months

Thursday 15th July 2010
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I just hope if they do implement it they tax new graduates, otherwise some could find themselves paying twice once to the student loan co. then again in higher tax.

piquet

673 posts

287 months

Thursday 15th July 2010
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we need to accept university isn't for everyone, trying to send everyone there just devalues it and we end up with degrees we don't need

There needs to be a move away from this obsession that it's a job that only a graduate can do logic, where they just end up using it as a filtering device

I think the individual should take it on, but that it should be paid back by the employer over 20 years if it's a job that requires a degree, if the person chooses not to work or to work for a year then have a family instead, it's their debt and it's never paid off until they die

It shouldn't be on income tax, it's not fair to ask those who have become successful without a degree to pay

The graduate tax would be unfair as it would encourage people to stay longer doing things they don't need, phds, post docs, i have a friend who got a first, did a phd and then a post doc but then decided industry was too stressful so went off to become a teacher, so we've paid for a massive level of education for him to teach chemistry

If you drop out you'll still have a job but never be able to get a graduate job, so you'll have to pay it yourself, this sounds harsh but drop outs have cost the country for nothing and have deprived someone else of getting a place, people should take going to university seriously, it should never be just part of life experience. But if you g, work hard, get a job with a company that specifically want graduates, then your education is free and it's paid for by the company that was sure it needed a graduate rather then a non graduate.

i'm no superhero

301 posts

201 months

Thursday 15th July 2010
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Absolutely ridiculous proposal.

You get a good degree, good job and salary.

You pay more therefore, than a fkwit who has studies American Studies and is working as a shop worker.

Why not pay off something as a loan, as a debt, rather than be burdened by yet another tax...

DonkeyApple

70,267 posts

199 months

Thursday 15th July 2010
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Can't work. It misses the whole point.

Basically, if someone goes to univercity and then goes on to get a well paid career because of it then they are paying more in tax anyway.

The problem is the non degrees that serve no purpose and those who never go on to be higher rate tax payers after graduation. They need to be weeded out.

The Govt should subsidise the courses which it feels are important skills for the future of GB.

Non degrees should have a hefty premium on them to discourage wasters and ultimately cause the uni to kull the course.

Ultimately the retirement age should be a fixed period of working not a set age, so that those who leave school and start work can retire earlier than those who go on to further education.

We need to close down many univercities and convert them to skills academies where a 16 year old can go and learn to be a plumber, builder, mechanic, social worker, etc.

I'm afraid that it should not stop at unis either. There should be no free schooling where the parents can afford to pay. There should be a modest charge for state schooling for those who are higher rate tax payes to ensure that those who are not and can least afford it have the best resources available to their child to give them the best start in life. It would also focus the parents minds more on the schooling of their children if they had to pay.

I'm sick and tired of everything having to be free for everyone in this country. It is wrong. Welfare should and must only be availbale for those who genuinely need it. Everyone else must pay.

We should have a standard rate of taxation. A familly income below a certain level gets free schooling, healthcare etc, and families above a certain income level have to pay quarterly healthcare and education fees or go private.


anonymous-user

84 months

Thursday 15th July 2010
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so 2 people do the same degree one gets a first one gets a 2:2. the guy who gets a first gets a better job and pays more for his degree. total crap, terrible policy.

DonkeyApple said:
families above a certain income level have to pay quarterly healthcare and education fees or go private.
its called income tax and the top 50% of earners already pay for everything

Edited by fbrs on Thursday 15th July 13:32