• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Discuss the proposed introduction of a graduate tax in Scotland

Extracts from this document...

Introduction

´╗┐Discuss the proposed introduction of a graduate tax in Scotland The summer of 2007 the Scottish Government proposed a graduation tax for Scottish students .With this move the government wanted to exploit the graduates that were financial wealthy from others in order to help poorer people with bursaries to finish their studies .This topic is very important to be understood by everyone because if we would suppose that a university degree is an investment , as it will probably help us in the future to earn money then the students will have to refund the government .In this essay now we are going to discuss the positive and the negative side of this graduation tax and we will also be able to see the opinion of some very important people of the political firmament and of course from academic people .One very important point that we should target is the impact of this graduation tax in the current financial crises which of course affects the government ,the students and most importantly the universities . ...read more.

Middle

Liam Burns the president of the National Union of Students in Scotland who stated that students benefit a lot from the university and it is unlikely to say that a graduate who earns more than 30.000 GBP per year have not gained from his degree .So , we can clearly see that not only government but also students represented by NUS believe it is not a bad move to apply this graduation tax .But what do academics think about the tax ? The principal of '' University of Glasgow '' , Professor Anton Muscatelli while talking to BBC Radio said that despite Scotland shows competitiveness regarding the education side globally , financially they have a huge crisis and combined with the global economic crisis , then the Scottish universities have to find a solution for this huge problem .And probably the solution is the graduation tax as it will possibly help the universities offer more things to students and also ...read more.

Conclusion

many students will try to leave Scotland in order to study and to work abroad .So we can see that the negatives tend to hold this measure behind and the government has a really big dilemma to deal with . ________________ In conclusion , we have to accept that graduation tax will be a very smart move if applied as it is going to help the government , the students and also the universities to pass this big economic crisis .During this essay we saw politicians , academics ans also people who represent the students who agreed about this measure and find it really positive and there were also groups such as the Institute of Directors which stated that the negative impact is bigger than the positives .It was also reported from the president of NUS that students will only accept this measure only , if some other changed will take place , such as public funding . 792 Words ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate Economics essays

  1. 'Cigarette tax hike would benefit Tennessee residents' discuss.

    it "only spends about $1.5 million on smoking prevention and treatment programmes annually." This means that the smokers will pay the price later than sooner, as they will have to pay a lot for their treatment if they catch cancer.

  2. Extended Essay

    The market structure is not allocatively7 and productively8 efficient; there is welfare loss. In this situation the government received a higher price and less quantity. The price can increase and the monopoly can allocate the consumers this extra price, or the government can pay higher subsidy instead of the users.

  1. What is the impact of the Notional Interest Tax Deduction system on investments in ...

    Introduction Belgium has one of the highest tax rates in Europe, at an average of 55.4% for a single earner, including social security, in comparison to an average of 42% within Europe.1 These figures signify the extent to which the Belgian tax rates are a problem to an average working person.

  2. The role of MNC headquarter

    If they were to handle these tasks, they would have to change focus, which could harm their effectiveness in the local market. Therefore the headquarter with the overall overview is the right place to handle tasks as the following (examples, not limited to these only).

  1. The future of Eli Lilly

    Clearly indicating that, despite their intentions, research and development has not been a top priority. At last cash generated from the sale of Ranbaxy's share in the joint venture is reported to be used to secure future cash flows, by investing into already existing markets.

  2. economics extended essay

    This is a market where a lot of product differentiation takes place. This is basically when two firms producing the same type of product use different marketing strategies to make their own product seem unique. The type of jeans sold by any shop, or even the mall in this case is basically of the same style.

  1. feasibily studies

    What are the reasons for choosing that spa? (please rate each item from 1 to 8, with 1 being the most important and 8 being the least important) __ reasonable rates __ attending the spa's location __ quality of service __ beneficiary promos __ cleanliness and ambiance __ facilities and

  2. 15 Historical Economic Questions on Mercatilism and the Development of European Countries.

    The increase in demand led to the expansion of factories, which required more energy. The prime energy source at the time was coal. As the Industrial Revolution began to speed up, the need for coal grew because it created power for the factory engines, steam powered ships and steam locomotives.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work