If results go his way and he feels ready, then September might see Hawklad start University. Hopefully in person rather than online. I so hope he can, hopefully the start of building friendships and a life outside of the home.

But here’s a scary fact.

Currently the average student leaves an English University with a debt of £53000. England has some of the highest student loan debts in the world.

£53000……

This is at the same time that prices are spiralling upwards, property costs are eye wateringly high and the jobs market is starting to collapse. More older people are staying in work way longer to pay rising living costs and to help out their younger family members. AI is starting to destroy the jobs market, remove the jobs that were once open to the younger generation. All this means that the younger jobs market is rapidly contracting.

£53000 student debt for limited job prospects and an uncertain future.

As a handful of global billionaires become trillionaires, just how many of the ridiculously rich and national governments are actively thinking about the future for this and future younger generations.

Maybe they are waiting to ask the next version of the AI models for an answer.

5 thoughts on “53000

  1. Yes, that’s a horrendous debt! I know, as I’ve a nephew who paid that when he went to university in England. And then he dropped out 🤦‍♀️… However, they’re only a few thousand (very little compared to UK) in the Republic of Ireland, but rent is high here and he would be much further away from home. Whatever happens, I hope he gets to go where his talents lie and that he enjoys a fulfilling time ahead. However, it’s not an easy time for parents… that’s for sure.

    Like

  2. The real Truth is, Gary, the only people they want to be university educated are their own children. They want everyone else to be wage-slaves, with everyone so far in debt they will be unable to even take a weekend or a vacation because they need every shilling just to pay off the interest on their debt.
    There are two things they are not considering. One, uneducated people will not have the knowledge to plant a seerd to feed themselves or their families.
    Two is that their children will be so inbred in a couple generations that they will all be imbeciles. The world will return to the Dark Ages, but with noone in charge.
    For better or worse, the opportunity will be there to start all over again. There will be a 50/50 chance we can do it better next time.
    But 50/50 I think is being a dreamer.
    Good luck to Hawklad as he picks a path to his future — if there is one.

    Like

Leave a comment