Vince Cable thinks that the best way to deal will the financing of students is to introduce a 'graduate tax'. Another Social Democrat 'idea' (proto marxist) that determines that the 'rich, brightest and best' should pay and pay dearly for their education.
What is unsustainable is not the education system, but the paying of thousands of NEETS to sit around drinking lager, procreating and looking for inspiration from Jeremy Kyle. All of whom have never paid a penny into the benefits system.
If you are going to use the Tax system, set up tax free accounts that aspiring parents can start paying into the moment their children are born. Allow companies tax credits for setting up sponsorship funds, and tax credits for the wealthy to set up education trusts for the poorer members of the student fraternity.
This is sending out all the wrong signals to the young. Work hard and get educated, get taxed. Be idle get rewarded. Thats Socialism for you.
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