Riots in the UK about tuition fee increases - an observation

[Scoobes]

jonop said:

Scoobes said:

You do realise how quickly the interest will build up? What if they decide to do a post-grad degree? Or can only get a job that amounts to slightly more than the £21,000?

Already, a lot of graduates on the current system come out with debts of >£15,000 and get jobs paying approx. £22K. Do you know how quickly the payments pay off that amount? They don't. They all go on interest payments. With £40-50,000 debt they'll be losing money on the starting salaries. Most students will be in debt for the majority (if not all) of their professional career.

The interest you pay is based on how much you earn. If you earn 21k you don't pay interest.

You missed my point. If you earn a little over the 21K threshold, like £22-25K, all you'll do is pay off interest and that's with the current levels of debt.

With the debt levels increasing, the interest will also increase and graduates will struggle to pay off the debt due to interest, even when above the threshold.