Maths

[Broccers]

The older I get the more I listen to folks moaning about money. Mainly they're complaining about student loans. Surely when looking at taking out a financial commitment you look at the total cost. Unfortunately the tards fall into the trap of it'll be written off if you're not very successful line.

And don't get me started on fiscal drag.

[Jobbo]

Doesn't surprise me to see a Broccers thread moaning about maths.

[Broccers]

Doesn't surprise me to see a Broccers thread moaning about maths.

It absolutely didn't surprise me that you didn't comment on the subject

[Rich B]

The older I get the more I listen to folks moaning about money. Mainly they're complaining about student loans. Surely when looking at taking out a financial commitment you look at the total cost. Unfortunately the tards fall into the trap of it'll be written off if you're not very successful line.

And don't get me started on fiscal drag.

i’d moan too if i had to pay £50k for something that was offered to people of your age for free.

i was the first year of top up fees and it was thankfully only £1k a year - so not really an issue, but it was the first step to normalising the idea of being £30/40/50k in debt for the same thing.

I feel sorry for the people younger than me who keep having the ladder pulled away from them. education, housing, what next?

(awaits broccers gammonly moan about not needing to go to uni and how they deserve a hard run because of netflix and starbucks coffees).

[Jobbo]

i’d moan too if i had to pay £50k for something that was offered to people of your age for free.

i was the first year of top up fees and it was thankfully only £1k a year - so not really an issue, but it was the first step to normalising the idea of being £30/40/50k in debt for the same thing.

I feel sorry for the people younger than me who keep having the ladder pulled away from them. education, housing, what next?

I feel the same. I bet Broccers regrets not taking advantage of the free education opportunities in the 1990s. Maybe he could have done a maths degree so he'd realise it's actually economics he's moaning about?

Conceptually the student loan is more akin to a tax than a loan anyway. It's collected as a percentage of your earnings and if you don't pay it off by a certain age it ceases. It must be a big drag when trying to buy a house and the period it'll apply for is the time period you'd expect to pay your mortgage off in.

Also, anything which incentivises earning less seems philosophically to be a bad thing.

[Broccers]

The older I get the more I listen to folks moaning about money. Mainly they're complaining about student loans. Surely when looking at taking out a financial commitment you look at the total cost. Unfortunately the tards fall into the trap of it'll be written off if you're not very successful line.

And don't get me started on fiscal drag.

i’d moan too if i had to pay £50k for something that was offered to people of your age for free.

i was the first year of top up fees and it was thankfully only £1k a year - so not really an issue, but it was the first step to normalising the idea of being £30/40/50k in debt for the same thing.

I feel sorry for the people younger than me who keep having the ladder pulled away from them. education, housing, what next?

(awaits broccers gammonly moan about not needing to go to uni and how they deserve a hard run because of netflix and starbucks coffees).

Apparently if you aren't warned about 7 percent interest rates that is someone else's fault.

[Rich B]

The older I get the more I listen to folks moaning about money. Mainly they're complaining about student loans. Surely when looking at taking out a financial commitment you look at the total cost. Unfortunately the tards fall into the trap of it'll be written off if you're not very successful line.

And don't get me started on fiscal drag.

i’d moan too if i had to pay £50k for something that was offered to people of your age for free.

i was the first year of top up fees and it was thankfully only £1k a year - so not really an issue, but it was the first step to normalising the idea of being £30/40/50k in debt for the same thing.

I feel sorry for the people younger than me who keep having the ladder pulled away from them. education, housing, what next?

(awaits broccers gammonly moan about not needing to go to uni and how they deserve a hard run because of netflix and starbucks coffees).

Apparently if you aren't warned about 7 percent interest rates that is someone else's fault.

Yep, i’m sure it’s the interest rate that people are concerned about, not the £50k V £0 cost uplift since the last generation went to uni (who coincidentally are the ones who have chosen to uplift it).

[Broccers]

i’d moan too if i had to pay £50k for something that was offered to people of your age for free.

i was the first year of top up fees and it was thankfully only £1k a year - so not really an issue, but it was the first step to normalising the idea of being £30/40/50k in debt for the same thing.

I feel sorry for the people younger than me who keep having the ladder pulled away from them. education, housing, what next?

(awaits broccers gammonly moan about not needing to go to uni and how they deserve a hard run because of netflix and starbucks coffees).

Apparently if you aren't warned about 7 percent interest rates that is someone else's fault.

Yep, i’m sure it’s the interest rate that people are concerned about, not the £50k V £0 cost uplift since the last generation went to uni (who coincidentally are the ones who have chosen to uplift it).

You seem to be missing the point, as usual. Would you borrow 20k at 7 percent to buy an M3? You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences. Whether I paid or not isn't the issue, just a distraction.

[Rich B]

Apparently if you aren't warned about 7 percent interest rates that is someone else's fault.

Yep, i’m sure it’s the interest rate that people are concerned about, not the £50k V £0 cost uplift since the last generation went to uni (who coincidentally are the ones who have chosen to uplift it).

You seem to be missing the point, as usual. Would you borrow 20k at 7 percent to buy an M3? You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences. Whether I paid or not isn't the issue, just a distraction.

Going to uni isn’t the same as “buying something nice”. The fact that you were offered whatever course you wanted (or were clever enough to qualify for) for completely free, whereas kids these days have to factor in years of massive debt to do the same is pretty far from fair.

[Broccers]

Yep, i’m sure it’s the interest rate that people are concerned about, not the £50k V £0 cost uplift since the last generation went to uni (who coincidentally are the ones who have chosen to uplift it).

You seem to be missing the point, as usual. Would you borrow 20k at 7 percent to buy an M3? You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences. Whether I paid or not isn't the issue, just a distraction.

Going to uni isn’t the same as “buying something nice”. The fact that you were offered whatever course you wanted (or were clever enough to qualify for) for completely free, whereas kids these days have to factor in years of massive debt to do the same is pretty far from fair.

Is this a theme here? Thread is about Maths. We're now on fairness.

[dinny_g]

You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences.

My boy's got a place in Uni studying Economics but he's wavering because, Ironically, his economics understanding it telling him it's a bad idea. He's looking at Degree Apprentice Schemes now which seem like a far better option if he can secure one.

[Broccers]

You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences.

My boy's got a place in Uni studying Economics but he's wavering because, Ironically, his economics understanding it telling him it's a bad idea. He's looking at Degree Apprentice Schemes now which seem like a far better option if he can secure one.

Obviously passed before he went.

[dinny_g]

Hasn't started yet - deferred for a year so starts September 2026 - if he goes...

[Gavster]

You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences.

My boy's got a place in Uni studying Economics but he's wavering because, Ironically, his economics understanding it telling him it's a bad idea. He's looking at Degree Apprentice Schemes now which seem like a far better option if he can secure one.

My friend has four kids and two of them went for degree apprenticecships, and they're really happy with how it all went, they got their degree and aren't in debt for it either. Also one of them walked into a great job too.

Also everyone going back at Broccers, he's got a point. The amount of interest charged on a student loan, combined with the levels of borrowing these days is crippling, especially when that interest is often being accrued for many years before repayment starts, and then for years, or decades after. I took a loan for my postgraduate study and the interest was horrendous until I started paying it off. If someone is going to borrow £50k and the loan is going to start accruing 6.5% interest before they have any idea about their future salary, they should be doing some very, very careful thinking before signing on the dotted line.

That shitty situation doesn't negate the fact that both student loans and further education should also be far, far cheaper.

[Broccers]

You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences.

My boy's got a place in Uni studying Economics but he's wavering because, Ironically, his economics understanding it telling him it's a bad idea. He's looking at Degree Apprentice Schemes now which seem like a far better option if he can secure one.

My friend has four kids and two of them went for degree apprenticecships, and they're really happy with how it all went, they got their degree and aren't in debt for it either. Also one of them walked into a great job too.

Also everyone going back at Broccers, he's got a point. The amount of interest charged on a student loan, combined with the levels of borrowing these days is crippling, especially when that interest is often being accrued for many years before repayment starts, and then for years, or decades after. I took a loan for my postgraduate study and the interest was horrendous until I started paying it off. If someone is going to borrow £50k and the loan is going to start accruing 6.5% interest before they have any idea about their future salary, they should be doing some very, very careful thinking before signing on the dotted line.

That shitty situation doesn't negate the fact that both student loans and further education should also be far, far cheaper.

On point.

[Simon]

When universities were 'free' far fewer went. I suspect we could go back to that model with the same %age of grads, or we can have 50%+ going to uni and having to pay.

[Mito Man]

When universities were 'free' far fewer went. I suspect we could go back to that model with the same %age of grads, or we can have 50%+ going to uni and having to pay.

I imagine far fewer jobs required degrees though, and more apprenticeships were offered.

[Matty]

Universities used to be more difficult to get into and held more value as well.

I'm not saying it's all the same (medical, for example) but I don't value degrees in the IT field, and very little in quals, to be honest. I'd rather have someone who's actually done it.

[Gavster]

I'm not saying it's all the same (medical, for example) but I don't value degrees in the IT field, and very little in quals, to be honest. I'd rather have someone who's actually done it.

Degrees in social media marketing are also largely tosh and give people ideas above their experience level. I've interviewed so many graduates who think they can strategise a successful social media account as their first job out of uni.

[Mito Man]

Social media marketing. I love the idea that someone can spend 3 years of their life studying this while on the other end of the spectrum you’ve got that Hawk tuah lass