A Graduate Tax would have stopped me going to University
David T Breaker | July 14th, 2010 | No Comments »The Treasury is considering introducing a “Graduate Tax” to fund University degrees…
They had better not backdate it!
I have long believed in an assisted-private system for Higher Education, in which students pay the full cost of their degree direct to the university via a loan scheme. The money saved by the taxpayer could then fund scholarships and bursaries for those from disadvantaged backgrounds, and sponsorship scholarships for those studying the most socially useful subjects – medicine, nursing, etc – in return for entering the NHS on an agreed contract upon graduation. In short we’d be channelling taxpayers cash to those most needing it and those who’ll repay in non-financial ways.
The current system of £3000 fees per year was an improvement – I supported it even though I was the first year group to pay – but it’s far from perfect. Degrees are different, some cost more to teach than others but the fees are the same. The result is that the focus has shifted to degrees viable financially at this figure and away from schemes that cost more. So there’s a surplus of places for some subjects yet the most intense competition is for medicine! A friend of my sister failed to get a place for medicine despite AAA grades! But don’t we want more doctors?
The idea of a Graduate Tax however is very wrong, indeed it would have put me and will put many others off of attending university. It will also encourage a “brain drain” of talented, high paid graduates moving abroad to avoid it. Graduates should pay for their degrees, they’re the ones who benefit financially, but they should pay for their degree – not other peoples!
Learning a foreign language is a good thing, and if you decide to do so then that is indeed a fine thing, 


