#young voters uk
We apologise for the unforeseen interruption.
New IFS research today shows that the average debt a student has on graduating university has risen to over £50,000. For the students coming from the lowest income families, this can be as much as £57,000 with £5,800 of that purely from interest accrued since starting their courses.
Under the Conservative government, student loans have been increased from £3,000 per year to £9,000 per year. Maintenance grants for low-income students have been replaced by extra loan allowance. Student loans are set to increase in line with inflation (or by £250 per year) for the foreseeable future, starting in September, regardless of teaching quality.
The IFS sees only two winners from the current system, and it’s certainly not the students who benefit. Students earning the minimum amount of repayments - which has been frozen at £21,000 for several years - are estimated to be 30% worse off than their equivalents under the old loan system. No, the only beneficiaries are the universities (although not 90% of their employees) and the government.
So what do you think, voters? How can we, as a voting force, work together to end this stranglehold the UK government has on us? We want to hear your ideas to fix what is becoming a very, very broken system, one which stifles recent graduates and the UK economy as a whole.
Young Voters UK is today officially committing to fighting Conservative policies on student finance.
They’re the focus of every political blogger today: just what is going on with the DUP.
Just last week, they were an unknown fringe party this side of the Irish Sea.
On Thursday, they looked like the most important party in Britain, that final puzzle piece that would give the Tories their majority in Parliament - if some sort of deal could be arranged.
Now? That deal looks very, very shaky.
The Queen’s Speech, after a 2 day postponement, is tomorrow. An official deal with the DUP has not yet been agreed. Without some sort of official deal in place, it will be a lot more difficult for the Tories to pass their laws through the House of Commons.
The DUP say the UK are taking them for granted. At this stage, it looks like one of the major stumbling blocks is the DUP’s demand for the removal of air passenger duty in NI (the tax you pay to fly from UK airports, payable on booking). The Tories are hesitant to consent to this in case it leads to similar calls from Scotland, Wales and England.
It looks like the public will have to wait until tomorrow to see if the DUP deal can be made in time.
Whatever’s going on, it’s certainly nothing strongnorstable.
Sources: