Following the government’s £50 billion plus handout to the
banks and city gents, they are now short of cash. We can all expect to be
forced to pay for this through higher taxes and cuts in government services,
with the money from the taxes used to fund the millionaires’ bailout. For
students going to university this has begun sooner than expected. This week government ministers are undertaking emergency discussions to see if they can
cut government spending on grants to students from families earning less than
£25,000 a year. Information indicates that they want to reduce this education
spending by £100million. This of course
is nothing compared to the £50 billion to the rich bankers, but the government
is clearly hoping to make saving across the board so that the odd £100 millions
here or there will add up to fund their bailout.
The government is now talking about a freeze on
student numbers and a limit on cash to the universities. For some working class
students from lower income families this will just mean no more grants
available – either directly or organised by the backdoor with the government
limiting places available at universities. These students will just have to
suffer and do without their grants – maybe they can take a loan out from the
banks instead!
