Monday, 20 December 2010
A Matter of Interest
You, or your parents, will still be allowed to pay nine thousand pounds upfront to a university at the start of each academic year. That is a lot less than the fees for the grandest schools. And it would, on the basis of parental wealth, avoid the above-inflation, profiteering interest payable by those who will have to wait until after they themselves have graduated and established themselves in careers.
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There's no upfront payment required from students or their parents in the Government's proposals on university funding (but maybe you're talking about something else).
ReplyDeleteBut it's permitted, if you can afford it. Thereby avoiding the future interest.
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