Date: 2010-07-15 11:09 pm (UTC)
The country isn't broke, its just spending more money than its getting in at present. That problem isn't in any way solved by a graduate tax that'll not make a penny for four years anyway and which will take a generation to really increase the funding for universities, if it ever does anyway. This is not a solution to the cost of higher education in the current era of spending restraint.

We have a strategic need for good graduates in many subject areas, especially science and engineering; thats why no country, anywhere in the world, has successfully implemented a stable graduate tax program. How would I pay for it? Through general taxation, which is exactly how it'll be paid for through the period of recession we're in and the aftermath under these proposals anyway.

It wasn't long ago that the Lib Dems were pledging a penny on income tax as a starting point for education. Cables statement doesn't so much show that they've sold out because, after all, one would expect to get something in return for being a sell out. Its more a demonstration of complete moral and intellectual bankruptcy from a tired, pathetic political party keen to be seen to be more frugal, more mean, more nasty even than their Tory masters.
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Nick Gibbins

September 2012

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