Last
updated: 01/12/07
Comment:
Why I don’t support South East weighting
This academic year I have been coerced into signing two petitions, the
first I half-heartedly signed was an ultimately doomed attempt to ban
Coca Cola on campus, the second I positively flew to sign was a petition
condemning the violence against monks in Burma.
The third petition levied before me has angered me greatly. Kent Student
Union have taken it upon themselves to campaign for a South East weighting
on top up fees.
Ostensibly it sounds brilliant, more money for all, what could possibly
be wrong with that?
However, what KSU and presumably other student unions in the South East
have been failing to tell the masses of students clamouring to sign
their petition is that ultimately all this ‘free money’
has to be paid back. So they are effectively campaigning to increase
our debt burdens. The rate of interest charged on our student loans
recently doubled to match the rate of inflation, it now stands at 4.8%,
who did the union tell about this? Not a soul. Furthermore with the
old Etonian David Cameron looking like a strong bet for election in
2009, we could end up paying commercial interest rates of up to 10%
on our loans.
The KSU Education Sabbatical Tom Christian reminded me of the plight
of the poor student, in a failed attempt to get me to sign the petition.
However any idea that the South East weighting will either encourage
poorer students to attend university or dissuade them from dropping
out, once their debt mountains have begun to peak, is incredibly misguided
and ill-informed. A poor student will not be fooled into receiving an
initially greater sum of money only to, as a result, suffer sky high
levels of debt. Instead the poorer student deserves to receive more
financial support from the Union, the University and most importantly
the Government. Who have progressively and incessantly ignored the plight
of young people and according to right wing think tank Reform “are
in the process of mortgaging the future of a generation.”
Students are at their most financially vulnerable when they graduate,
desperately seeking that first rung on the housing market and that cushy
graduate job. The extra burden of the South East weighting will only
add to our debt levels on graduation and as many of us will return to
our less affluent hometowns or countries, the supposed greater potential
to earn back our debt seems to be just a pleasantly fact obscuring mirage
purported by student unions and the Government.
The main reason for having a London weighting on the student loan was
that capital city students have to pay an extortionate amount for their
accommodation. In Kent and other areas in the South East, rents are
typically much cheaper. I would have to pay at least double what I currently
pay per month, to live in my current Canterbury abode, if it were suddenly
uprooted and transported to London. Moreover the cost of living in the
South East is broadly comparable to the UK’s other big student
cities. Therefore wouldn’t it be equitable to also have a weighting
for places like Edinburgh and Bristol? Quite frankly it sounds ridiculous.
Student unions in the past have rallied against racism, apartheid and
campaigned vociferously for women’s and gay rights, currently
our union is going to Downing Street in an attempt to saddle us with
even more debt. This pointless and potentially damaging protest needs
to be stopped. Instead student unions should be campaigning for and
providing a greater level of financial support for all students, particularly
the poor, and they should be doing this now.
Comment
by Charlie Baylis