Timmy elsewhereMarch 23, 2014 Tim WorstallTimmy Elsewhere4 CommentsAt the ASI. The point of student loans. To make obvious the costs to those doing the consuming. previousWell done to the Daily Mail herenextI’m not sure if Osborne has the power to do this, does he? 4 thoughts on “Timmy elsewhere” Tim Almond March 23, 2014 at 12:15 pm Meanwhile, a company near me is so desperate for game developers that they’re working with the local college on a course to help get more staff. 45% of people with degrees can’t earn £21,500? Are they serious? There’s a furniture shop near me paying £16-18K. Bloke in Costa Rica March 23, 2014 at 6:05 pm The ‘ability to pay’ thing destroys the price signal. It’s the ones that do the useless courses that are more likely to fall below the repayment threshold because they’re unemployable, so the disincentive to do these courses is severely blunted. The fees cap should be completely lifted and loans to go to university treated in exactly the same way as any other borrowing: pay it back or we’ll send the bailiffs. There’s nothing magical about a degree. Maybe it makes you more productive but then so does buying capital equipment. Lord Exmouth March 23, 2014 at 8:49 pm The problem is that schools brainwash people into going to university and only after people graduate do they find it is a waste of time. Student loans will not stop this,sadly it might take until the next generation for people to realise this. john malpas March 23, 2014 at 10:24 pm And the money goes round and round – and comes out where? Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.