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Old 01-10-2017, 18:37   #526
ianch99
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Re: Government & Post Election Discussion

Quote:
Originally Posted by Ignitionnet View Post
The most interesting thing about that man is trying to work out his level of delusion versus his level of deceit. About the only things that trump (pun intended) either of those are his incompetence and his ambition.
Apparently, Kipling has written a fitting poem for Boris:



---------- Post added at 18:37 ---------- Previous post was at 18:14 ----------

Quote:
Originally Posted by Hugh View Post
I agree with nearly all of your post, except the bit about funding.

Whilst 9k is more than delivery cost of some Arts degrees, it does not go anyway near covering the cost of the STE part of the STEM courses, and does not take into consideration the ongoing costs of maintaining and enhancing University infrastructure (buildings, faculty resources, IT, etc.).

In the past (before fees came in) these costs were mostly covered by one-off tranches from Central Government - all these now needs to be met by student fees (or bonds raised against the future income from Student Fees). Also, Universities pays VAT on most of the goods and services they receive, but can only recover a small percentage of VAT, via partial exemption recovery rules, which puts a 20% loading on most purchases.
The problem we have is the actual cost of delivery is not available on a per subject basis. I am sure that you are correct regarding the more labour & infrastructure intensive courses costing more than the 9250 but of course these STEM subjects do lead to prospects of significantly higher incomes post-graduation.

It is the lack of visibility of costing that is the biggest failing of the current system, in conjunction with the cartel price fixing. An English degree from Hudderfield costs the student the same as a Physics degree from Oxford. The perceived quality of said degree together with the likely employment options are a long way apart.

Also, you mention enhancing University infrastructure: there is a danger of some Universities spending more to be seen are more attractive, especially for the more profitable foreign students when arguably, more modest spending would be sufficient.

I feel the current system is very broken especially compared to other European countries
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