A report by Chris Cook (www.bbc.co.uk/news/education-28528824), outlines the latest government racket concerning university tuition fees:
‘Under the new plan, higher education institutions would, in future, buy that debt as students graduated’.
‘Officials said the price could vary from institution to institution – but the big idea is that institutions would profit if their students repaid more of their debt’.
‘Two supportive vice-chancellors from top-end institutions also pointed out that the plan could lead the way to higher fees’.
The neocon racketeers disguised as the UK government follow the policies of America as faithfully as a small dog follows a big one. Their latest racket is to put higher education out of the reach of all but the rich. The aspiring working class student is exploited for profit. Universities will become partners in debt entrapment, with graduates being yoked to potential debts of £100,000. Universities, as partners in exploitation, will pass on defaulters to rabid debt collection companies, which will harass defaulters by every despicable means. They will comandeer wages earned by the defaulter, unemployment and disabilitiy benefits, and pensions. Unpaid debt will be attached to the debtor’s house by court order – when the house is sold the creditor must be paid from the proceeds. Welcome to the world of accrued interest and late payment penalties; a world of permanent bondage. Welcome to the American experience.
This is not a plan for education, it is class war – the exploiting of ordinary people for profit, and the transference of wealth to rich elites. When a government acts in such a manner, it ceases to have legitimacy. When a university sells itself to such an enterprise it becomes contemptible.
Chris Cooke continued: ‘The easiest way to cut loan defaults would be to admit fewer women and students from poorer families, since both groups tend to have lower lifetime earnings’.
Precisely so. Almost 30% of American students drop out of higher education according to the Census Bureau, a rate that has gradually been rising, with poorer students at poorer universities having the lowest graduation rates, contrasting with elite universities, like Stanford, where a high proportion of rich students graduate, and find ‘graduate’ jobs, unlike many of their working class counterparts. Universities will also discriminate against courses which attract the least job opportunities – what chance of studying the history of peasant revolts in a market which dictates subject matter? – what chance of studying art and drama?
As president of Harvard, Lawrence H. Summers, once said: “We need to recognize that the most serious domestic problem in the United States today is the widening gap between the children of the rich and the children of the poor.” His words do not have any resonance with the neocon bandits running the UK, who feel they can freely dictate to a public that cringes in fear of having what little they have taken from them, and meekly acquiesces to the bondage imposed on their children.
They really do have nothing but contempt for you. They do not fear a backlash, so brazenly sneer at you from the comfort of their leafy suburbs.
“England is nothing but the last ward of the European madhouse, and quite possibly it will prove to be the ward for particularly violent cases” (Leon Trotsky).
lenin nightingale 2014