Many of us go to university to obtain a degree, then a Master's or MBA, perhaps a PhD. Our belief is we will get better jobs on a higher salary with our qualification.

The aim of many colleges and universities, on the other hand, is to grow numbers and classes and fees and then Chairs, Professorships and lectureships. Not only in the so-called hard subjects like science, but also in hobby subjects like Politics.

Buyer Beware!
The cost, the debt may not give you a fair return. You could be buying a very expensive piece of paper and, after 4 years, be way behind a school-leaver mate in both work and salary.
A head-full of brains isn't enough to enter university. Students from middle-class families (mostly homeowners) are six times more likely to go to university than those from working-class backgrounds. The rising cost of university, especially tuition fees - and fear of debt - deters many of the less wealthy.

Many take out a student loan, enter university, and try to work part-time to cover their spending. However, part-time work results in poor grades and lower-paid careers. So it is either higher grades and a big debt, or lower debt but also poor results.

Students slaving away under the debt regime rightly grumble that the oldie politicians now making policy - and their own parents - were themselves given a free university entrance. Many even received a 'maintenance grant' to help cover their living costs while studying. There were far fewer going to university then - but their degrees were debt-free and got them the steady salaried work which was attractive to lenders and got them a nice little mortgage. That mortgage, long ago paid off, left mum-and-dad's generation with a tax free nest-egg of half a million quid in bricks and mortar - or rather the land it sits on.

So how dare the oldies lecture today's students about prudent finances! Many of us are saddled with over £ 20,000 in debts when we leave university. And now we leave with lousy job prospects (for an over-inflated graduate population) many of us with useless degrees and facing tough competition for non-graduate jobs we're "over qualified" for - and years behind our school-leaver mates in the art of doing real work.

The quality of teaching - the teacher:pupil ratio - is far worse than oldies' received.

Universities nowadays have to compete with overseas institutions with far lower staff costs and booming job markets, in places like India, Thailand and Hong Kong. Cuts in their funding, with the Credit Crunch, force lecturers to tutor and mark ridiculous numbers of students, leaving little time for 'pastoral' care of their young charges. Many give up and join the foreign competition: Britain's lecturers are among the lowest paid in the developed world.

A third of all graduates end up in non-
graduate jobs five years after living University.

Graduate jobs have been cut by one quarter this year (2009) according to the Association of Graduate Recruiters: IT, engineering, construction, investment banking - by over 40%; law - by over 19%.

And now, with fewer professional jobs available, students will be placed in an even more difficult position. We have to compete with immigrants from lower cost EU countries for insecure, low-paid jobs just to cover at least part of our expenses. More insulting still almost half of any pay is taken by the government in taxes, mainly for the benefit of the oldies!

Why haven't the oldies with their flying start without debt created more companies and jobs? Why have they instead created debts which they have shifted to the future, i.e. onto our shoulders? Surely we need to un-tax ourselves and force the millions of well off oldies to pay back all the national debt and pay for their own healthcare and pensions, not burden us.

They have cunningly stashed away their loot in real estate.

It is time this was looted by their aged, their sick, their out-of-work and work-shy,
leaving us to make our future "OUR WAY", i.e. untaxed.

and repay any university loans with before-tax income