Email: focsakeuk@gmail.com © FOC Sake
Email: focsakeuk@gmail.com
“For our children’s sake” (FOCSake) was founded in 2016 in response to the calamitous events of that year which further blighted our children’s futures ....
- UK vote to leave the EU
- George Osborne freezes thresholds on student loans
- President Trump elected president of the USA, the triumph of right wing populism, with willing acolytes like Nigel Farage garnering increasing support in the UK
... amid the continuing backdrop of ....
- Ever rising rental costs
- Unaffordable house purchase
- Growing inequality
- Diminishing social mobility
TEN YEARS ON - WHAT’S CHANGED?
HEADLINE NEWS ON STUDENT LOANS
A 30 year graduate tax of around 5.25% payback over a rising threshold starting at £30K (2026) would raise the same revenue as Plan 5 student loans. That’s a tax levied on just the 2012+ cohorts.
Too good to be true?! Check it out for yourself at the
IFS student finance calculator . (How to use the IFS student finance calculator)
Go to “Student loans” for more detail....