STUDENT FINANCE – COUNTING THE COST OF BASIC UNFAIRNESS

by Rowan Van Tromp

This summer George Osborne announced that the current system of non-repayable, means-tested maintenance grants would be scrapped and replaced by additional maintenance loans. He deemed it “basic unfairness” to ask taxpayers to fund grants for people who are likely to earn a lot more than them.

Perhaps then it’s his experiences of the tax affairs of Tory party benefactors, such as Michael Ashcroft (also known as Lord Ashcroft to those who adhere to the moronic social phenomenon of ‘peerage’), that blinds the Chancellor from the logical conclusion that earning more justifiably means paying higher taxes, to, for instance, provide an equal means by which people can access higher education.Continue Reading