I think we should scrap university fees for business courses, it's a no-brainer. The reason is simple, we need more people with practical skills in business, and the current system is pricing out talented individuals who can't afford the debt. We're basically forcing them to take out huge loans just to get a degree that might not even guarantee a job, it's madness.
The way it would work is that the government would cover the tuition fees for business courses, and in return, graduates would have to pay a small percentage of their income back to the government for a set number of years. This way, the government would get its money back, and the graduates would be able to start their careers without a massive debt hanging over them. It's a win-win situation, and it would encourage more people to study business, which is exactly what we need to boost our economy.
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I've seen it with my own kids, Emily and Tom, who are considering their university options - the fees are a huge burden, and it's putting them off studying business, which is exactly the kind of course that could give them a leg up in the job market. We need to think about the bigger picture and how we can encourage more people to study business, rather than getting hung up on the details of repayment schemes.