It appears that the Government have got the wrong end of the stick on the Graduate Tax.
The Tory Liberal economic plan is failing, and as a result they’re being forced to borrow far more than he intended. As a result, the Tories are coming for Britain’s graduates as they try to plug the funding gap.
There are 3.6 million graduates with student loans – and the Government is considering retrospectively hiking interest in order to help make the overall student loan book more attractive to potential investors. Shadow Minister for Universities & Science Shabana Mahmood has written on the matter on the LabourList website here – LINK
I’m probably of a few elected politicians in the country that has a student loan and I know what it’s like to have student debt with interest increasing every year.
The Government has already moved to treble tuition fees which will have an impact on students in the future. What this move shows is that those in the future, with larger debts because of the larger tuition fees, there are greater lifetime financial risks to people having student loans.
This Tory Coalition Government needs to stop its attack on students and graduates, but young people also need to get voting on mass so that they are not disproportionately impacted by the Government.
I do tend to tweet a lot (follow @Krupesh4Brent!). Now and again, I retweet interesting articles I’ve read on the web. Here are the last 10 [politically relevant] articles I have linked;
Cuts will bleed Council reserves dry in 5 years says Senior Tory – LINK – Brent has traditionally had low levels of reserves. That it is why it is financially important that in an era of increased risks to Brent Council, we keep sufficient reserves to cover those risks.
Disability rights groups protest at DWP against Paralympics sponsor Atos – LINK – Atos is a French IT company that carry out Work Capability Assessments with disabled people. Unfortunately, the Labour Party is not innocent in all of this as we did as award the original contract to Atos, but pressure to attack benefits from the current Government has exacerbated things. The Coalition has gone even further by naming Atos as a main contractor for carrying assessments for disabled people’s Personal Independence Payment (PIP) entitlement. PIP is the benefit that will replace the Disability Living Allowance (DLA).
Mark Ferguson on LabourList on a Lab / Lib Coalition being a non-starter – LINK
Save Central Middlesex Hospital’s A&E – LINK – The Brent Labour Party has provided campaign materials for people to join in on the campaign against the current proposal that will permanently close the A&E Department serving the most deprived part of the Borough.
Fleet Street Fox’s article on tax and cuts to disabled people – LINK
Lib Dem Peer says their Party should consider disposing Nick Clegg – LINK
Retiring Andrew Strauss may bat for the Conservatives at the next election – LINK – after quitting cricket for good, the ex-England captain is being touted as a future Tory MP.
Welsh health survey: One in three take no exercise – LINK – This is an article related to Wales, but it is a trend I am very worried about. The positive effects of regular physical exercise are well documented.
Caught Yellow Handed – LINK – I was reminded last week about this document highlighting Lib Dem Hypocrisy through their actions in Parliament and their leaflets and campaign work in their constituencies. Brent Central Lib Dem MP Sarah Teather has a starring role.
In the annual Total Politics Blog Awards 2010, this site has been voted within the top 100 Labour blogs in the country. LabourList topped the Award, of which I am a contributor and is a site where I am profiled LINK
The list is the result of more than 2,200 people who voted in the Total Politics Annual Blog Poll during the second half of July LINK.
I was surprised to be listed as many actively encourage people to vote for their site to the awards. I did no such thing. But I’m happy that people are reading my posts and would like to thank those who voted for my site, whoever you are.
The scrapping of the revolutionary Building Schools for the Future programme serves as a triple whammy to the people of Brent and represents a false economy from Sarah Teather’s Education Department.
First and foremost, it is a cut aimed at the group in society who had no say in the election; children. Instead, the Lib Dem / Tory Coalition has rushed through the Academies Bill, advocating a ‘Free Schools’ policy aimed at schools already doing well and ignoring the issue of there being a shortage in school places in Brent, and fails to address the need to improve our failing schools. Every child should have the right and access to a decent standard of education in a respectable environment and the cuts will mean that children will continue to be educated in dilapidated buildings, unfit for the twenty-first century and that there will not be enough school places to meet the shortages.
Secondly, the building works programme provided an opportunity for stimulus in the building and construction trade. Many are still feeling the effects of the recession and the forthcoming VAT rise will increase the price of building materials, affecting profit margins and thereby adding greater financial pressure in the sector.
Thirdly, schools serve as community hubs. The scrappage deprives young people of decent standard activity centres. Schools buildings can be utilised by Local Authorities to provide after hour services for young people. Better standard building and halls also boost the commercial potential of the schools. Many local people use school halls for weddings and hire them out for private functions and parties.
The Education Department’s Permanent Secretary admitted in a letter to former Secretary of State Ed Balls, that the programme had Treasury approval and had not received any objections. We know there is money for our schools, after all, where will the money for the free schools policy come from?
After the legal issue arose on BNP membership following a challenge from the Equality and Human Rights Commission (LINK) that started the ball rolling for the Party to change their constitution to scrap the whites only rule for BNP Membership, the British National Party have now made the necessary changes to make this possible. However, does this equate to a shift in the Party and its ideals? Judging by what LabourList and Lancaster Unity have uncovered, I think not.