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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Fri Aug 13, 2010 2:32 am |
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forquare1
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:36 pm
Posts: 5161
Location: /dev/tty0
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It doesn't surprise me, I've got ~£20,000 debt, accommodation has gotten more expensive (I think the cheapest at aber now is >£75/week as apposed to ~£60/week in my first year), food is more expensive, utilities are more expensive...Even if the uni's keep their current prices, students will have to borrow more for basic living.
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| Fri Aug 13, 2010 9:43 am |
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snowyweston
Doesn't have much of a life
Joined: Thu Apr 23, 2009 6:28 pm
Posts: 851
Location: EC1 Baby!
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Going by the debt me and my mates (Class of 2K  ) got into, I'd say the numbers are waaaaaaay off. Way way off. That or the stats are massaged by those who acrue none.
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| Fri Aug 13, 2010 12:52 pm |
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cloaked_wolf
What's a life?
Joined: Thu Apr 23, 2009 8:46 pm
Posts: 10022
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I left uni with a debt of £20k or so after spending six years of study. Dread to think how much debt the new medical students will accrue.
_________________ He fights for the users.
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| Fri Aug 13, 2010 1:53 pm |
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EddArmitage
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 9:40 pm
Posts: 5288
Location: ln -s /London ~
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And then there's retards like me who fail a year and now don't know if they can afford to complete their degree. I really don't want to get to the start of final year and realise I can't do it.
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| Fri Aug 13, 2010 2:06 pm |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am
Posts: 12700
Location: The Right Side of the Pennines (metaphorically & geographically)
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I left uni with £2500 debt. But then I did get in the last year before they brought in tuition fees. I even got a £400 grant the first year.
The first two years, I paid off my debt with summer work, but I spent a lot more in the third year, hence the debt.
I paid it off within a year as I got vast amounts of overtime in my first job.
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| Fri Aug 13, 2010 4:22 pm |
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Nick
Spends far too much time on here
Joined: Thu Apr 23, 2009 11:36 pm
Posts: 3527
Location: Portsmouth
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I have done two years of my degree.
I have worked part-time (~30 hours a week) both years, and am now spending a year in industry. I have about £10k of debt with the SLC (student loans company, or stupid lazy c*nts) and a £1200 overdraft.
At the very least I will clear my overdraft this year. I hope to go into my third year with a couple of grand in the bank because I don't plan to work in my final year.
_________________
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| Fri Aug 13, 2010 6:18 pm |
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forquare1
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:36 pm
Posts: 5161
Location: /dev/tty0
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I don't think I would have managed working and doing a degree, especially not that amount of hours. The uni here advises no more that 18 hours/week IIRC...
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| Sat Aug 14, 2010 8:36 am |
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bobbdobbs
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 7:10 pm
Posts: 5490
Location: just behind you!
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I did more than that when I was doing my degree.. could be the reason I got a Desmond, or it could of been the fact i was running a pub with the obvious problem of free alcohol on tap when ever I felt like it  _________________Finally joined Flickr
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| Sat Aug 14, 2010 9:37 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but the supposed university premium that you get from having a degree is plummeting so the long term benefit of a degree is falling, especially with the debts climbing fast.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Sat Aug 14, 2010 2:35 pm |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am
Posts: 12700
Location: The Right Side of the Pennines (metaphorically & geographically)
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If they carry on with fees/loans rather than a graduate tax, I'd hate to think how much debt my son will get into when he goes to uni.
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| Sun Aug 15, 2010 6:43 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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The real problem is that if it carries on that way all degrees will have to be much more focused on the usability of the degree in the jobs market after. No one will pay a fortune for a degree that will never benefit its owner with a higher income. So it will be an end of classics and far more biased to vocations. So geology classes will shrink and the only ones who get accepted will be those funding by oil and mining companies. _________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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| Sun Aug 15, 2010 3:03 pm |
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