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The Clubhouse Bar
A Political Thread pt. 2
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<blockquote data-quote="Ragey Erasmus" data-source="post: 1056809" data-attributes="member: 56232"><p>Apparently the government is looking at meddling with student loans again so they are paid back at a lower income and take 40 years to be written off. Let's just call it what it is, it's a graduate tax. It will hit the poorer families who needed the larger loans to get through uni. Turns out they can also retrospectively apply it, nowhere else can you arbitrarily and unilaterally change the terms of a contract except with this. Lots of students who signed up thinking the terms were 1 thing could find them changed after they have already incurred the debts.</p><p></p><p>Tories yet again hitting the youngest and poorest to foot the bill of the old and wealthy.</p><p></p><p>Also rumours of a snap election being planned for before the end of the year.</p></blockquote><p></p>
[QUOTE="Ragey Erasmus, post: 1056809, member: 56232"] Apparently the government is looking at meddling with student loans again so they are paid back at a lower income and take 40 years to be written off. Let's just call it what it is, it's a graduate tax. It will hit the poorer families who needed the larger loans to get through uni. Turns out they can also retrospectively apply it, nowhere else can you arbitrarily and unilaterally change the terms of a contract except with this. Lots of students who signed up thinking the terms were 1 thing could find them changed after they have already incurred the debts. Tories yet again hitting the youngest and poorest to foot the bill of the old and wealthy. Also rumours of a snap election being planned for before the end of the year. [/QUOTE]
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A Political Thread pt. 2
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