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The point is that even if you only look at the financial benefits to the individual, they are more than big enough for the individual to be "net up" after they pay for their own education.
Really depends on the course. A degree in nursing might just end up being "net up" after a long time but this is a massive step down from where it used to be, and that's a massive disincentive for people thinking about taking that course. Then they took away the nursing bursaries.
But, heh, who really needs a load of people with silly "nursing" degrees anyway.
Greenbank
NickCJ
Yep, I think my post is not brilliantly phrased. The point is that even if you only look at the financial benefits to the individual, they are more than big enough for the individual to be "net up" after they pay for their own education. Gov't has a role in widening access (which is what well designed loan or grad tax schemes can do) but doesn't mean they should fund it from general taxation in the long run.