What We Learnt Today

Sunday, 27 May 2012

Taxing times for students

Today the boss of the Student Loans Company Ed Lester announced he will be stepping down from his role next year. According to sources he earns around £182,000 per year, money which is all publicly funded, and until February of this year he did not pay tax on his income (which was legal under the previous payroll system).


As a student I'm astonished by this, whilst tuition fees are being tripled to £9000 annually and living costs continually increase. It seems that graduates will have to aspire to reach such heights, or rather such depths of not paying tax, especially considering the colossal debts which now come hand in hand with a university degree.

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