Sunday, 2 May 2010

Eat the Rich #2 - Eat Richer

A minimalistic post from me today.

‘STUDENTS are facing rises of up to £1,000 a year in tuition fees under plans being drawn up by an official review that could eventually allow universities to charge the full cost of a degree.
Lord Browne, the former chief executive of BP, wants to remove the current £3,225 limit on fees. Leading research universities could charge students an estimated £7,000 a year while fees for science undergraduates could rise to £14,000’.

Many senior figures support higher fees. They include Sir Roy Anderson, former rector of Imperial College London, who prepared a report for Mandelson on how universities can raise more money from non-state sources. “An immediate rise to double existing levels is needed,” said Anderson. “Then over a period of say three years, it may be desirable to lift the cap and let universities decide what they wish to charge . . . I believe in market forces.”


'One of the first state schools to take on a private partner has had to be "rescued" by the local council after it was deemed inadequate by inspectors.’


THE richest people in Britain have seen a record boom in wealth over the past year. Their fortunes have soared by 30% even though much of the UK is struggling to recover from recession and the near-collapse of the banking system.

It is the largest rise in wealth since the list was first published 21 years ago. Much of the increase is a result of the rebound in stock markets and property values after the government injected hundreds of billions of pounds into banks and the wider economy to stave off collapse.
The 2010 Sunday Times Rich List, published today, reveals that the 1,000 richest people in the country increased their wealth by £77 billion last year, bringing their total wealth to £335.5 billion — equal to more than one-third of the national debt.



‘The great only appear great because we are on our knees – let us rise.’ - James Larkin

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