Laser 140101 Tynemouth |
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Rossiter Pintail Mortagne sur Gironde, near Bordeaux |
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Laser 28 - Excellent example of this great design Hamble le rice |
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pondmonkey ![]() Really should get out more ![]() ![]() Joined: 12 Aug 11 Online Status: Offline Posts: 2202 |
![]() ![]() ![]() ![]() Posted: 04 Oct 12 at 2:35pm |
Yep sounds good Peaky... but then you know I'd say that.
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pondmonkey ![]() Really should get out more ![]() ![]() Joined: 12 Aug 11 Online Status: Offline Posts: 2202 |
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nope... I can have a midlife crisis at 40 and spend my daughters's future tuition fees on one... well probably 5 of them, but that's another point. I can then join the other 20 of them that will be racing every wednesday night and weekend at my local sailing club... in Barbados.
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pondmonkey ![]() Really should get out more ![]() ![]() Joined: 12 Aug 11 Online Status: Offline Posts: 2202 |
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I quite expect to re-mortgage for it, unless things goes swimmingly well and it's pocket change... some social economists are estimating it will cost over £80k for a degree in 15 years time when our little 'uns are off for a good time for 3 years.
It's much better to saddle myself again with another mortgage. They can then settle the debt through probate when I'm dead, rather than have them lumbered with huge debts through early adulthood. Especially if they find that they're taxed on any pitiful inheritance I may leave them that could have otherwise have paid it all off.
Edited by pondmonkey - 04 Oct 12 at 4:39pm |
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Daniel Holman ![]() Really should get out more ![]() Joined: 17 Nov 08 Online Status: Offline Posts: 997 |
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I know that this is "off topic" but my philosophy is that if a student can't financially justify a degree financed on debt on the basis of a subsequent career, then they shouldn't go. Run with a vocational course or some such.
I paid my own way 100% on debt, still paying it a decade on, but don't think this is unreasonable. Whilst at a fairly reputable univbersity, I saw a large amount of spoilt rich kids p*ssing it up the wall or 7 - 11 stoner sofamonkeys at their parents expense with little regard for why they were there. Giving ultimate financial repsonsibility to the student sharpens the mind, and is democratic / a meritocracy regarding eligibility. Admittedly many will not need to become indebted, but one of the first lessons in life is that it isn't fair. My wife vehemently disagrees with this - I can see her point to an extent with those that go forward into the postgrad environment, and are actually progressing humanity / industry, but I think that they are in a massive minority comapred to lifestyle students and Jack Wills clotheshorses in new minis. |
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pondmonkey ![]() Really should get out more ![]() ![]() Joined: 12 Aug 11 Online Status: Offline Posts: 2202 |
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Agreed in theory, but in practice what does society do with a load of 18 year olds who have no clue about what they want to do in life? (and probably won't when they come out the other side either, but at least the debt means they have a desire to get a job and get on)
There's enough 'yoofs' out there that are totally unemployable when they leave school, the f**kers went riot only last year 'cos some gang-banger got shot by the 'Feds'. For the love of God, please at least keep filtering off the ones with a modicum of intelligence into the 'grow-up factories'... even if they do piss three years away and come out jaded and an over-rated, heightened sense of self worth. At least acquiring such attributes should well qualify for the 'real world' and life on the outside of the red-brick or leafy campus they fornicated, frolicked and facebooked all over. Edited by pondmonkey - 04 Oct 12 at 5:14pm |
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Daniel Holman ![]() Really should get out more ![]() Joined: 17 Nov 08 Online Status: Offline Posts: 997 |
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Fair enough - I guess governments will feel similarly for bottom line reasons, but I just think that a person should be a self sufficient entity by 18, which means taking responsibility for earning a living or serious academic training, and that navel gazing about whether to be a nail technician or wedding planner or a footballer is a bit of a luxury.
The troubles of such a tertiary economy I guess. bring back national service I say. Old man rant over. |
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tgruitt ![]() Really should get out more ![]() ![]() Joined: 02 Dec 04 Online Status: Offline Posts: 2479 |
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100% agree. |
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Needs to sail more...
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Roger ![]() Really should get out more ![]() ![]() Joined: 23 Mar 04 Location: Somerset Online Status: Offline Posts: 524 |
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I do believe we should have a politics section to the forum, it sure would be fun!!!
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boatshed ![]() Far too distracted from work ![]() Joined: 12 Apr 05 Online Status: Offline Posts: 457 |
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You may have to revise that figure. Fees at £9000 a year plus about the same again for rent/heat plus around the same again for food/beer/travel/clothes/sailing etc etc gets you pretty much at your figure now for three years at Uni. In 15 years you can probably double it. And Student Loan interest kicks in the first day of term in year one. It's only 1.5% now with the low BoE base rate. Student debt is the next sub-prime crisis and is a ticking debt bomb. |
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Steve
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patj ![]() Really should get out more ![]() Joined: 16 Jul 04 Location: Wiltshire Online Status: Offline Posts: 643 |
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For heavens sake get it right - it's not Student Debt it's a GRADUATE TAX!!!
You don't repay unless you are earning above £21,000 these days (about £15000 for earlier starters) and it's deducted at source like a tax. You don't pay if your income drops below the threshold and the remainder is wiped out after 30 years.
Learn the facts and don't let anyone be put off going to uni because of the studemt loans system.
For fuller info see http://www.moneysavingexpert.com/students2012 and
Pat - parent of two students.
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