Originally posted by The_Equalizer
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
77% of graduates won't pay all of their student loan back before they die
Collapse
X
-
-
Originally posted by Whorty View PostPersonally I'd bring in a graduate tax; all students should, from day one of working, pay an extra x% on all earnings to cover student fees. This should include all of us who have ever been to Uni. What % should it be? No idea! 1%, 2% ??? I'm sure someone can work out a suitable figure.
If graduates naturally earn more then they already pay more NI and Tax as a result. There does not need to be an additional tax just better use of what is collected...Comment
-
Originally posted by bobspud View PostIts already baked into our economy and was for many years...
If graduates naturally earn more then they already pay more NI and Tax as a result. There does not need to be an additional tax just better use of what is collected...
Which is why democracy will eventually fail.Comment
-
Originally posted by The_Equalizer View PostWith the exception of houses - and it's a big exception - there's no need to be in debt for anything as far as I can see.
Have a great day!Comment
-
Originally posted by BrilloPad View PostWhen I was younger credit was known as the "never never". Then governments discovered the magic money tree that could forever provide prosperity and be allowed to bribe voters. The can could be endlessly kicked down the road. And the government who provides the best deal will be voted in.
Which is why democracy will eventually fail.Comment
-
Originally posted by billybiro View PostThere may be no need to be in debt for other things but the vast majority are. How many people purchase a car outright vs sign up to the perpetual merry-go-round of "automotive finance" (which is "renting" by a different name)? How many people purchase their shiny new iPhones outright vs sign up to a "contract" by a network provider which is "refreshed" (read: perpetually extended) when the iPhone X gives way to the iPhone X+1? Even TV and music. Not so long ago, we used to buy CD's or DVD's and we'd own them. Today, and more and more as time marches ever onwards, we're signing up to Spotify and Netflix subscriptions on the basis that they open up an entire world of music/TV - more than we could ever own or even imagine - but the moment you stop paying that monthly subscription? You're left with absolutely nothing. Nothing but a sour taste in your mouth and the feeling of ultimate despair and the realisation of the pointlessness of it all.
Have a great day!Comment
-
Originally posted by The_Equalizer View PostThe fear of being in someone else's pocket should be greater than the draw of shiny new things. Then again, it's good news as it'll provide an abundant supply of cheap second-hand cars, hi-fis and mobiles for those with a little more sense.Comment
-
Originally posted by northernladyuk View PostA particular danger of credit is with manufactured goods -we are borrowing the future's productive capacity which worsens the crash. Marx had some sensible things to say about this IIRC.
Groucho Marx had plenty to say about lots of things, but this quote seems apt:
"Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly, and applying the wrong remedies."
Spot on.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
-
Originally posted by BrilloPad View PostWhen I was younger credit was known as the "never never". Then governments discovered the magic money tree that could forever provide prosperity and be allowed to bribe voters. The can could be endlessly kicked down the road. And the government who provides the best deal will be voted in.
Which is why democracy will eventually fail.Comment
-
So the debt holdrs will claim off the estate left by the student after they have taken them to court, got a charging order, issued CCJ's etc. Brilliant policy.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment