NUS UK suggests EDUCATION LOAN SYSTEM  to make higher studies affordable

                                                                                                                                                                  The National Union of Students (NUS) has warned the UK government about the postgraduate study  slowly becoming accessible only to overseas and rich students in the absence of a tough new loan system.

As per the reports, only those entitled to free maintenance grants as undergraduates should be eligible to apply and strong references would be required to give evidence of talent.However, the rate of repayment would be very high as it would cover high achieving future professionals.In addition, the report also suggest that mature graduates should be welcomed and those looking for a change in job for many years should be banned.

The above proposals are made by the NUS to fight against the present system where access depends  not on ability of the student but the ability to pay upfront.The other proposals include a general scheme for a modest no. of students taking general master's degree, where loans should be restricted to £6,000 and repayable once the student is  earning £15,000 a year rather than the £21,000 a year boundary for repaying undergraduate loans.

The report by Higher Education Commission that reported employers are being forced to hire foreign staff and in siome worst cases even quit Britain because of growing postgraduate crisis has been followed by the NUS.NUS revealed that UK is one of the three countries in which less than 10% of students pursue postgraduate studies.