Vince Cable has asked Lord Browne to have a look into this idea .. instead of getting a student loan to pay your way through university or college .. then paying it back when you get a job .. that you pay a graduate tax when you've got a job after uni .. which is at a higher rate. Somehow i dont think hes thought this through .. if a kid goes to uni .. then has to pay a higher rate tax when they get a job .. what happens if they take a job in another country .. and emigrate. But it might also put kids off going to uni .. having to pay a higher rate when they get a job afterwards .. especially as its hard work to get a job ... was reading something the other day about graduates not being able to get a job after uni ..
BBC News - Students to face higher costs as graduate tax proposed
BBC News - Graduate unemployment rate rises 25%, think tank says
could you imagine .. being at uni for 4 years .. couldnt get a job in your chosen field .. so you end up working at primark or maccydees .. basic rate .. and then having to pay a higher rate of tax .. because you went to uni?