News from the IFS confirms what others, including Money Saving Expert’s Martin Lewis and of course Nick Clegg, have previously argued:
The government’s decision to raise maximum tuition fees to £9,000 will create a system that is “substantially more progressive” than the previous system. That is because the 30% of graduates with the lowest lifetime earnings will be better off under the new arrangements.
And no cynical comments please about just how far down The Guardian’s story this paragraph was placed 🙂
P.S. As it’s the weekend and people may have other things to do, in order to save time I’ve taken the liberty of pre-writing a few comments.
Comment A: I DON’T CARE WHAT SOME NEWSPAPER SAYS YOURE ALL LIARS AND CHEATS
Comment B: Scrapping Trident and axing tuition fees would be much more progressive.
Comment C: Silly, stupid, nonsense. I’ve seen those idle students enjoying several years drinking and fornicating at the local Uni, just to spend rest of their lives stacking shelves in Tesco. Now you tell me it is good they won’t have to pay their money back????? I call that scrounging not progressive!!!!
Comment D: Security message from HSBC – please email me your account number and password to confirm access to your account, which will otherwise by shut down at midnight.
Comment E: How dare you say the Liberal Democrats were right to break their pledge and raise tuition fees! And don’t you dare point out that you don’t say that in the post – that’s just typical weasely politician for you.