This week the former chancellor Phillip Hammond; has unleashed plans to provide a transportation service for up to 15 miles for new pupils on free school meals, who attend a grammar school. This scheme would cost up to £5,000 a year per pupil, with extremely high costs, come cuts and as of last year disadvantaged/disabled pupils were deprived with a lower budget. The aim of this scheme is to eliminate the social barrier portrayed by selective education, hence why the government is willing to invest £5 million a year as funding into the transportation costs. Approximately 1,000 to 1,500 pupils are expected to benefit from this funding and transports costs in parliament are expected to rise to £20 million. Hammond commented on his reasons for suggesting this scheme; ““We recognize that for many parents the cost of travel can be a barrier to exercising that choice”. In order to enhance the support of his argument he mentioned, ““Pupils typically travel three times as far to attend selective schools, so we will extend free school transport to include all children on free school meals who attend a selective school because we are resolved that talent alone should determine the opportunities a child enjoys”. However, labour believe that Hammond has not taken into account that support for disadvantaged students provided to local councils has been slashed by £7 million a year. In fact an ombudsman reported a 63% of referrals were based on serious cases that involved in transportation to school, as 261 complaints were made, prior to the year before only being 160 complaints.
There have been many incidents of transportation inconveniences which have been shared publicly. One situation involved a mother whose middle daughter was the only one to receive transportation support from the local council and annoying funding for the other daughters were denied. Another situation consisted of a student with autism, losing his transport funding, resulting him having to walk dangerous and long distances just to travel to school. Angela Rayner, Labor's shadow education secretary out spoke that, ““The local school bus is now being replaced by the grammar school Uber. But when they are breaking their promise to protect school funding and heads are facing the worst cuts in a generation, it’s unbelievable that they think ‘cash for cabs’ is a good use of money”. Rayner also believes that many other pupils who are not disadvantaged are still faced with the same problem; “While we’re paying taxes for taxis, disabled teenagers are being left to fend for themselves and other kids are forced to change school for lack of transport”. “If this idea is the best that [education secretary] Justine Greening can come up with then she’s the one who should be getting a taxi for one”. Furthermore, a former spokesperson from ‘the department of education’ claimed, “Thousands of pupils on free school meals and other children from low income families will benefit from this new measure, removing the barrier that high transport costs can present. We will be working with selective schools and local authorities to provide this free transport, building on the service local authorities already provide to low income families attending other schools. Free school transport for pupils from low-income families has stayed in line with the numbers entitled to the service”. Overall this scheme seems fairly efficient but the fact cuts have been made from major sectors may be worrying to many low income and disadvantaged students.
It is said that 1 in every 30 £1 coins are counterfeit and fake. As of March 28th 2017 after 30 years of the first £1 coins, The Bank of England will be introducing the new £1 coin. You may have already seen the new £5 note and to step up the security the £1 comes into play. It is a 12 sided also known as a: Dodecahedron, and around 1.5 billion coins are being produced by the Royal Mint. It has been said that security levels have been raised with the new £1 coin. This will help business and tax payers to reduce the costs.
Looking at the comparison the New £1 coin is more lighter than the old rounded coin. It is also larger and thinner.
When looking at the coin the appearance or the design has been changed
A new design of the English Rose, Scottish Thistle, Welsh Leek and the Northern Ireland Shamrock have been included.
As of 28th March till the 15th October 2017 there will be a co-circulation period. This period is where both the old and the new £1 will be used. After the 16th of October there is a demonstration period where all the new £1 coins will be in full circulation and in use. The old £1 will not be in use.
Society is different now. To get a job, you need to go to school, to get a job to pay for school. Recent figures show that the average home buyers first deposit has risen to a staggering £34,000. This is almost double the amount since 2007, and the shocking exponential increase in prices has made it very hard for young people to take out a mortgage. Renting has become expensive as well, some people are better off buying the house rather than rent it out. For graduates in the UK they carry an average student loan debt of £44,000, with medical students rising to almost £75,000; the worst thing is that the loans are charged with interest. This makes life very difficult for young students, political leaders such as Jeremy Corbyn are campaigning for the abolishment of tuition fees, following other European countries such as Sweden, Germany and Norway. Despite the impact of making such a decision, it would no doubt allow graduates to settle after graduating university. Many young scholars are reluctant of the financial problems that would be caused as a result of taking out a student loan, on top of that a maintenance loan would also be needed to suffice, in areas such as London. Universities do offer scholarships and bursaries but it is still immensely difficult for poorer working class families to support their child as he/she goes to university.
Some degrees are hard to match to a certain job. Medicine for example will allow you to become a doctor. International Relations would struggle to puts its finger down. A job is the next step. According to the Graduate Labour Statistics Market there has been a 2.2 decrease in graduate employment. Upon adding the costs of living and mortgage, it would be hard to gain a disposable income, rather you would live from hand to mouth. Currently you need to earn £21,000 a year before you start paying back your loan which would be fixed at £26 a month. In a year it would accumulate to £312. Your student loan will be written off in 30 years but only the higher earns would be able to pay it off in that time period. Figures also show that postgraduates loans are fixed at 4.6% interest, most postgraduates students study medicine, and a few of them will be taking out a second loan which is only adding salt to their wounds. Whilst it would be a dream for free education, brexit will block many of the people hoping to study in the EU as we will no longer be a part of it. For the UK to have free universities would require immense reforms and a lot of money to be spent, but it would no doubt put the students at ease. Many students are moving abroad to study, as they do not wish to endure the burden that a UK university would charge them. The tuition fees could also rise from the current £9,250 a year, and that is the fee alone.
The future looks incredibly bleak for the younger generation as it is become harder for graduates to a be able to pay for tuition fees let alone a mortgage. Students are put off going to Universities for this sole reason, they are afraid they will spend most of their life paying off their debt rather than living their life. Money is now the aim for young people, as they see it as the answer to everything and that with it they can do whatever they want.