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Posts Tagged ‘Gordon Brown’

Competition and these interest rates are still driving me nuts

Friday, March 7th, 2008

Well ladies and gents the competition is up, it’s been there for 2 days and I haven’t had one entry yet! What’s going on?

You get a free professional CV (or voucher for when you need it if you win), plus you could win some cash.

Now, if you’re a student - read this and see if you don’t go mad.

I officially think this government is crazy. How can Bill Rammell, the ‘higher education minister’ dare to say…

“There is no real rate of interest. The student only repays, in real terms, what they have borrowed.”

“This is in contrast to the policy of the Conservative party which is that students should pay a real rate of interest.”

What is this conservative ‘real rate of interest’? Maybe it is something more manageable like 2%

Most of us (like me) are going to be graduating with £15,000 debt, so that’s £720 in interest a year which will compound unless I am earning over £22,000.

This is the same for everyone.

Is it fair? NOOOOOO, it’s not fair.

The government are clearly making money off us and it’s about time we did something about it, something more than Facebook petitions.

I have set up a new forum - HERE - it’s the bottom thread - this will discuss what we are going to do about it.

We will get something done.

GET INVOLVED.