Oh what a tangled web we weave,
When first we practise to deceive
The tangled web that has become university funding in the UK is already throwing up early evidence of what a fraud the whole thing will prove to be.
In last week’s Times Higher Education, an article purports that students would be foolish to repay their loans early, even after the government’s scrapping of early-repayment penalties. It quotes Tim Leunig of CentreForum and a lecturer at the London School of Economics as saying graduates should think twice about paying off their debts early because most will never repay the full amount within 30 years, after which time arrears are written off.
He’s quoted as saying “Every penny of their early repayment is a gift to the government.” A gift to the government!!! That heavenly body showering us all with free goodies? What he really means is that failing to repay is a good kick in the ass to every hardworking taxpayer now stumping up the cash.
Putting yet another boot into the taxpayer is Liam Burns, president of the National Union of Students who’s quoted as saying “Ministers must come clean on student finance that those on low and middle income are not duped into chipping away at their outstanding debt.” Duped!!! Doesn’t he mean reneging on a promise?
So the government whips up a scheme for which it has no plans to fully collect unpaid debt, a teacher of our young advises against doing so and a student leader fans the flame of irresponsibility.
How morally bankrupt our body politic has become.