Re: Graduate tax ....
 

I haven't actually read enough about this tax yet, but out of interest would there be an overlap in the scheme... would some loan payers end up being taxed as well, or will it start completely afresh, and if the latter then who pays for the first three years?

I don't think I can face reading about this subject.

Re: Graduate tax ....
 

The BBC website is unclear, however I doubt it will hit those of us in university now as it is meant to replace tuition fees. The rule tends to be what you go in at is what you get, I know someone who is still paying <£1500 a year in tuition fees due to various pauses, gap years and course switches because of the system that was in place when he started. If you are considering doing a post-grad degree, get your name on the list now rather than wait a few years though as it looks no matter how they are going to do it, the prices are going up.

Re: Graduate tax ....
 

Post graduate degrees vary in price anyway. The one I'm meant to be starting in October costs £8000 a year. Unfortunately I've decided to take a gap year and change direction with my studies so I won't be doing that now anyway, but fortunately the course I'm changing to is less anyway.

Also, fee changes have had affect for me every year since being at university rather than staying static so I wouldn't hold my breath anyway.

Re: Graduate tax ....
 

Yea, I think the £100-£200 increase per year is to do with inflation rather than actually "value-of-course" changes though.

Re: Graduate tax ....
 

Yes, this is true but they rise at similar rates usually. I'm not bothered anyway. They can't get blood from a stone. The only reason I'm not studying this year is because I can't get the finance together. I need around £8000 still, maybe more. But it is going to be impossible to get in such a short space of time so I'm just going to do something else with my life. That's the best thing about making the most of your time at uni and spending time doing a lot of work outside of your degree, you leave feeling like you ARE employable even if you feel like it is impossible. I have a lot of friends who feel more unemployable than before they started.

Re: Graduate tax ....
 

A lot of it depends on the course you do - when I was choosing which field to go into it was between Law and CS, when I was choosing there were 4 graduates for every one place in law school and there were 4 jobs for every one CS graduate. On that basis I went for CS, although the market has changed since then I am still confident I will be able to get a graduate level job come this time next year, given I do some extra work aside from my course to boost my cv.

Re: Graduate tax ....
 

Well the market wasn't bad when I started my degree. You can't predict what is going to happen or if you'll even stick with it even if you enjoy it.