Liberal democrats are claiming that students who will pay more for their education in the future will be paying less.
Their argument seems to be that the longer you delay paying back a loan, and the slower you pay it back the better.
I’m a bit worried that politicians can make this argument so easily, I think this is the same way they think about borrowing on the national scale. At least on the national scale one thing they often seem to forget is that the cost of borrowing can change.
I think it is very disingenuous to claim that richer students will pay more for their loans because they will pay them back sooner. Also does this mean no one will have a choice but to borrow to pay for their education, will it be compulsory to take loans from the government, or will students be allowed to pay upfront if they have the money? Paddy Ashdown seemed to claim that no one will pay for their education (only pay it back later).
Did we enter the world of double speak?
If anyone knows where I can read the proposals for this legislation please let me know. Mr Ashdown suggested we should read, but didn’t say where.
Filed under: Access, Banking, Cambridge, Consumerism, education, hypocrisy, News | Tagged: 1984, banking, Coalition, Compromise, Conservatives, cuts, Distopia, double speak, Education, education cuts, Eric Blair, George Orwell, let them eat cake, liberal democrats, liberals, Libservatives, loans, lying liberals, Orwellian, Paddy Ashdown, politicians, Politics, protestors, society, student loans, Student revolt, students, UK cuts, Westminster | 1 Comment »