On Thursday, March 6, 2003, at 11:04 pm, Andrew Crystall wrote:
On 6 Mar 2003 at 13:42, William T Goodall wrote:
http://news.bbc.co.uk/2/hi/uk_news/england/2823717.stm
"A degree in an arts subject reduces average earnings to below those of someone who leaves school with just A-levels, a study shows.
*Spits at the goverment*
Oh look, let's push loads of people into doing degrees and then charge tuition fees because they'll earn more!
*thud*
Actually it works out not too badly. Since they will be poor enough to defer repayment on their fees/loans until they get cancelled at retirement age...[1]
What *would* have been bad was the proposed graduate tax, which seems to have died.
[1] If you earn less than a certain proportion of the average salary you can defer repayment for a year. The numbers are adjusted every year, and you can reapply every year that you still qualify. The present threshold is around UKP 15000 /annum.
-- William T Goodall Mail : [EMAIL PROTECTED] Web : http://www.wtgab.demon.co.uk Blog : http://radio.weblogs.com/0111221/
Misuse of IMPs leads to strange, difficult-to-diagnose bugs. - Anguish et al. "Cocoa Programming"
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