OK, so how do we pay for it?

You can always tell when politicians are throwing out ideas to see how popular a policy might be when they start bandying words like ‘radical’ about. Some ideas sound great on the MSM, well at least until you look at the small print and ask how much?

Telegraph.

Labour will fight the next election on a pledge to cut tuition fees by £3,000 as part of a “radical” manifesto
Douglas Alexander, the shadow foreign secretary and party’s general election strategist, said a promise to cut student fees is likely to appear in a “credible and radical” manifesto as part of the party’s promise to cut the cost of living for middle class families.
It follows a call by Ed Miliband in 2011 to cut tuition fees from £9,000 to £6,000.
It comes amid mounting concerns over the health of the tuition fees system. Ministers originally expected that 28 per cent of loans would never be repaid, but that is now thought to be closer to 45 per cent . At 48 per cent experts say any benefits from raising tuition fees are cancelled out, experts say.
Mr Alexander said the rate of default was “very high” and Labour would offer a “better solution” for the country’s finances.
“This seems to be another Con-Dem policy which is simply not working.

The last bit made me smile as tuition fees were introduced by Tony Blair in 1998 and were actually a Labour Party idea in order to pay for the massive new influx of students into university, rather than simply the elite.

Seems Labour as ever wish to rewrite history and whitewash their role in it.

Now reducing student debt and regaining any monies paid to them seems like a good idea, assuming you accept the premise that we should be sending so many of them off to Uni in the first place of which it could easily be argued that we don’t. My problem as ever being just how do Labour expect to pay for it? Especially when it’s on top of a promise to cut middle class debt (another Labour success story)

It does strike me like it always does with socialist pipe-dreams that they simply expect the money to be found and don’t actually give a thought as to what will happen if they start soaking some part of the populace to do it. Pointless going after one of their core support groups, the middle class tend to vote either one of the parties in depending on whether they want a change or not so it doesn’t bear upsetting them too much and the rich simply up and leave if you hit them.

So, like Labours previous economic successes leaving the country completely spent out and future generations in hock up to the eyeballs, this has all the hallmarks of magic money tree economics where they’ll spend money we haven’t got to get the student vote…

When will people wake up?

 

3 comments for “OK, so how do we pay for it?

  1. March 31, 2014 at 6:13 am

    Every ‘student’ ought to have a ‘Right’ to negotiate a fee with a ‘lecturer’, after talking with the bank manager, with the Gumnut taking no role at all. A win-win-win-win-win (taxpayers inc) all ’round.

  2. David
    March 31, 2014 at 8:35 am

    In 2001 Labour said that they would not put up tutition fees.
    They did, so why should anyone believe them on this?

  3. Furor Teutonicus
    April 1, 2014 at 10:17 am

    XX It does strike me like it always does with socialist pipe-dreams that they simply expect the money to be found and don’t actually give a thought as to what will happen if they start soaking some part of the populace to do it. XX

    Trouble is, it always HAS been found,seen any of the Middle classes rioting on the streets?

    Notice any countries bieng declared bankrupt recently? EVER? Governments saying they can not pay “social security” any more?

    They may SAY it, but has any of them ever given the scroungers a good kick up the arse and DONE it?

    And that is why the pigshit stupid public do not question it.

    “I have enough for my rent, I can get my fags and “news”paper every morning, Go to the pub on a Friday night, and spend Saturday in the betting shop.” (Unless they are on the bru, and they can afford the pub/betting shop EVERY day.)

    They basically could not GIVE a shit after that, no matter WHERE the money is coming from.

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