Jeremy Corbyn announces £10bn plan to scrap university tuition fees

[AtW]

Jeremy Corbyn has set out a £10bn plan to scrap all tuition fees and restore student maintenance grants in his first major policy announcement.

Corbyn said the plan could be funded either by a 7% rise in national insurance for those earning over £50,000 a year and a 2.5% higher corporation tax, or by slowing the pace at which the deficit is reduced.

Corbyn said: “I want to apologise on behalf of the Labour party to the last generation of students for the imposition of fees, top-up fees and the replacement of grants with loans by previous Labour governments. I opposed those changes at the time – as did many others – and now we have an opportunity to change course.”

The move is also designed to strengthen the already strong support his campaign is gaining among younger Labour members.

Corbyn aides said the cost of abolishing tuition fees would be £7.1bn and the cost of restoring maintenance grants would be £3bn.

It is the first detailed new policy Corbyn has set out since he entered the contest.

Source: Jeremy Corbyn announces £10bn plan to scrap university tuition fees | Politics | The Guardian

[shaunbhoy]

Corbyn said the plan could be funded either by a 7% rise in national insurance for those earning over £50,000 a year and a 2.5% higher corporation tax, or by slowing the pace at which the deficit is reduced.

Let's hope this guy gets the reins of Labour. He will drive them off the cliff in double quick time.

[MarillionFan]

Let's hope this guy gets the reins of Labour. He will drive them off the cliff in double quick time.

If I promised Free Money to everyone, would you vote for me?

[MicrosoftBob]

Is he an equal opportunities terrorist sympathiser or is he racist ?

Which terrorist groups doesn't he support ???

[Goatfell]

If I promised Free Money to everyone, would you vote for me?

No

[AtW]

Which terrorist groups doesn't he support ???

Tories.

Allegedly.

[MicrosoftBob]

Tories.

Allegedly.

Strange that plenty of Tories are spending £3 to support him

Allegedly

[AtW]

Strange that plenty of Tories are spending £3 to support him

Allegedly

Obvious enemy is better than another Bliar.

[eek]

Strange that plenty of Tories are spending £3 to support him

Allegedly

I'm paying £3 to support Kendall as having met her once I do actually quite like her.

Corbyn is my second option as both Burnham and Cooper offer nothing new...

[shaunbhoy]

I'm paying £3 to support Kendall as having met her once I do actually quite like her.

Corbyn is my second option as both Burnham and Cooper offer nothing new...

Corbyn offers nothing new either, just a giddy trip back to the heady la la days of the 1970s. How did that work out for Labour?