OV9

Jobbo wrote: Tue Oct 28, 2025 8:42 am Doesn't surprise me to see a Broccers thread moaning about maths.

Broccers wrote: Tue Oct 28, 2025 8:28 am 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.

Rich B wrote: Tue Oct 28, 2025 9:33 am 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?

Rich B wrote: Tue Oct 28, 2025 9:33 am

Broccers wrote: Tue Oct 28, 2025 8:28 am 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).

Broccers wrote: Tue Oct 28, 2025 10:12 am

Rich B wrote: Tue Oct 28, 2025 9:33 am

Broccers wrote: Tue Oct 28, 2025 8:28 am 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 wrote: Tue Oct 28, 2025 10:19 am

Broccers wrote: Tue Oct 28, 2025 10:12 am

Rich B wrote: Tue Oct 28, 2025 9:33 am 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 wrote: Tue Oct 28, 2025 10:23 am

Rich B wrote: Tue Oct 28, 2025 10:19 am

Broccers wrote: Tue Oct 28, 2025 10:12 am

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 wrote: Tue Oct 28, 2025 10:31 am

Broccers wrote: Tue Oct 28, 2025 10:23 am

Rich B wrote: Tue Oct 28, 2025 10:19 am 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 wrote: Tue Oct 28, 2025 10:23 am You're walking into a financial agreement with a student loan and ironically the kids are not savvy enough to understand the consequences.

dinny_g wrote: Tue Oct 28, 2025 11:55 am

Broccers wrote: Tue Oct 28, 2025 10:23 am 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.

dinny_g wrote: Tue Oct 28, 2025 11:55 am

Broccers wrote: Tue Oct 28, 2025 10:23 am 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.

Gavster wrote: Tue Oct 28, 2025 12:17 pm

dinny_g wrote: Tue Oct 28, 2025 11:55 am

Broccers wrote: Tue Oct 28, 2025 10:23 am 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.

Simon wrote: Tue Oct 28, 2025 12:57 pm 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.

Matty wrote: Tue Oct 28, 2025 1:33 pm
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.