Economy

Students March For Greater Investment

Students March For Greater Investment”

An income-contingent loan scheme would cause average student debt to accumulate to over €20,000. The Union of Students in Ireland (USI) are calling the government and the Joint Oireachtas Committee on Education and Skills to deliver a timeframe for increasing investment in higher education.

"It has been announced by the minister that there will be no long-term outline of a third-level funding model in next week's budget".

"The demonstration, which is expected to draw over 5,000 students across Ireland to Dublin, will be leaving Custom House Quay at 1pm and marching to the Department of the Taoiseach".

The event, held by the Union of Students in Ireland, was called to pressure the government to take immediate action on higher education funding after a report published past year found that the current system was not sustainable.

Mitchell O'Connor said that the government "simply do not want our students graduating burdened with the kind of debts that we have seen in other countries".

"We're looking for it to be reduced to the same rate that it was increased, and to have publicly-funded education by 2030".

Mary Mitchell O'Connor has made her most strident comments in the higher education funding debate today.

He said: "The loans option will have detrimental effect on students in LYIT".

Michael Kerrigan, president of USI, said that students should not "be fooled by the propaganda of a student loan".

The problem is that over the past ten years, government funding for third level institutions has declined while student numbers continue to grow. "It's time to invest, and it's time to make the right decision to publicly invest in third-level education". "The moment we accept higher fees and a loan scheme, we are saddling people with a minimum of €20,000 of debt and forcing them to emigrate".



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