Graduate tax will reward dropouts, say directors

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof A coalition plan to replace upfront university tuition fees with a graduate tax has come in for fierce criticism from company directors, who say it will reward failure.The Institute of Directors said the levy, which would be applied to future earnings, would hit hard working students and encourage people to quit the UK to avoid the tax.A separate survey of graduates also suggested the proposed tax would hit student numbers, with 62 per cent saying they would consider not going to university if the retrospective tax was introduced. Around 63 per cent said they would not go to university if fees rose to £6,000, rising to 80 per cent if they were faced with uncapped fees.The news will be a bitter blow to Vince Cable, a champion of the tax, as he prepares for a speech this afternoon on funding for higher education.The government is awaiting a review by former BP boss Lord Brown, who is expected to recommend fees rise by £3,290 to as much as £7,000 a year. Graduate tax will reward dropouts, say directors Sharecenter_img whatsapp KCS-content Tuesday 21 September 2010 8:27 pm Show Comments ▼last_img read more