24-05-17, 08:36 AM
(23-05-17, 11:03 PM)lew600fazer link Wrote: [quote author=dickturpin link=topic=22397.msg261212#msg261212 date=1495529234]£50 k student debt how are they managing to run up those debts. Most likely because they are on the piss and partying , designer clothes. Funny how my lad did a 4 year course, a year of which was spent in France and came out of Uni with absolutely no debts what so ever. Let me see now did he live at home while at Uni? no he shared a rented house with 5 mates he met at Uni. Did the bank of mum & dad fund him all the way through Uni, no not entirely, we paid 50% of his tuition fees. Did he miss out on his social life while at Uni ? , no, because if it had tits he shagged it. Did he go hungry and have a crap diet?no, as he always was interested in cooking and was a foodie.
Really pissed about the tuition fee saga....if they are now ended then there is a band of about four years of students that carry debts of around £50k that students either side do not have....how can that be fair?
That's one hell of a burden to go into adulthood with....and they wonder why home ownership is slowing!!
So you may ask how did he come out debt free. Simple before he even left school he had a Part time job in Sainsbury's and banked everything he earned, also while at Uni he worked two part time jobs. Most students spend on average 12.5>14.5 hours a week in class so wtf are they doing the rest of the time, okay they will be doing home studies as well for a couple of hours after finishing Uni for the day. If my lad wanted clothes he went to Tescos or Asda , the designer gear was binned as he reckoned a £6.00 pair of Tescos own brand jeans covered his arse just as well as a £30 pair of Wranglers or Levi's, as he explained to me, you see dad the £24 I saved on the jeans is my beer money or groceries etc! He did have one mate who came out with £37k debt and he was doing the same course. My lad got a Double 1st in French & European Business studies from Liverpool University. He then wanted to do his Master degree which he did at Bordeaux University, they paid him €1500 a month while he studied there, he was being paid as he was teaching the French English as a foreign language for 6 hours a week. His mate who ran up£37k debt passed his degree gaining I think the term is a Desmond as in 2.2. So as far as I am concerned running up£50k in debt is only achievable if one is a party animal and also a lazy fecker.
[/quote]
I left school after A levels and went into a management training position with a pharmaceutical distributor, one of my sisters went to Birmingham Uni aged 17 & my other sister went off to teacher training college at Southampton. My parents worked hard & sometimes really struggled financially but apart from giving us a good start in life, taught us to become independent. We all did paper rounds, gardening jobs,& worked every school holiday to save for things we wanted that our parents couldnt afford.
When I go through Selly Oak near the University here in Birmingham all i see is streets full of parked students cars-eg Fiat 500s provided by bank of mum & dad. The students couldnt possibly do 3 years at uni & afford to buy & run their own car! Why do they need them-I guess majority dont go home every week & bus & rail service to city centre is excellent. I know they belong to students because they all f**k off in June/July until Sept.I know tuition fees are high but they all have plastic these days & very easy to run up debts-the banks like it of course since they have a "captive" future customer!
In the 60s aptitude got you a place at uni when society was a bit fairer than now. And county council grants were given to those who needed them. Now its mainly the rich who go.
I brought up my 2 sons on my own from the time they were 14 & 10 and they didnt sit around waiting for f*****g handouts-I wasnt in a position to buy them vehicles-I fed & clothed them and kept a roof over our heads-they have turned out alright.(perhaps in spite of me!!)