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NUS calls for graduate tax
Wednesday, 14 April 2010
Recent university leavers looking for graduate jobs in the public sector may be interested to hear that the National Union of Students (NUS) has called for a graduate tax to replace tuition fees.
In this scheme graduates would contribute to a national trust between 0.3 per cent and 2.5 per cent of their salaries each month, over 20 years, with the contributions depending on a graduate's salary.
For example a graduate on £40,000 would pay £125 a month, while someone on £16,000 would pay £5.
Wes Streeting, NUS president, said: "We are determined to hold parliamentary candidates to account, and help students in every constituency to understand which of those candidates is prepared to back student interests.
"We believe strongly that higher education should get a major public subsidy."
The leaders of the three main political parties will lock horns in the first of three televised debates on Thursday, in which they may have the opportunity to thrash out their opinions on graduate taxes.
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