The Facts About Fees
Thinking about going to university in 2012? This film helps you to understand the costs. From September 2012, universities will no longer receive funding towards students’ tuition fees. This means that students will be paying more money for their degree. Knowing how you will fund your education is a vital part of making the decision to come to university. We’ve produced this short film to explain the new fees system and the repayment scheme. www.bournemouth.ac.uk
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@bournemouthuni There’s a first time for everything, and you’re right the repayment schemes haven’t been changed yet but it has only been 14 years since everyone had to pay and the current fees system is a financial black hole. You’re right that we all take risks based on what we know at the time but this loan has precious little guarantees in it of any kind. And just because the criteria hasn’t changed doesn’t mean there aren’t loopholes eg my loan interest rate tripled for a few months.
@bournemouthuni That’s true but the rest of the repayment system means 77% of students will be worse off.
@Starman117 3 of 3 We’re really conscious that there are lots of people out there who don’t really understand the new finance system at all, so we’re trying to make it a little clearer. This is all fluid; governments come and go and views and policies change, as you rightly point out, so we had to include the disclaimer for that very reason. It’s also worth saying that the criteria for all the different fee systems that have existed over the years have never been changed by future Governments.
@Starman117 2 of 3 Students in the current system have to pay back their loans when they earn over £15,000, whereas in the new system it’s £21,000. That’s why we’ve referred to students being better off when they pay back money.
@Starman117 1 of 3 Thanks for your comment, you’re absolutely right about the disclaimer and some of the points you make.
Nobody can really predict exactly what will happen in 30 years time, so this video exists to explain the position with tuition fees as it currently stands. This is for people who are having to make decisions right now about whether to go to uni at all, and what uni to go to, since many are currently submitting their UCAS forms.
Ok things wrong in order, firstly all this hinges on A no goal posts being moved and B the loan actually being scrapped after 30 years which is not guaranteed, secondly 77% of students will be worse off so no idea where you got the better off average from, thirdly there has been no guarantee that it won’t affect your credit rating, lastly based off governemnt figures and a disclaimer at the end saying “we cannot guarantee it’s accuracy” lol.