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9.
I would like to add my concerns about the issue of university funding for Jersey students. We have three children, with one due to go to university in a little under two years.
As present, we can not see how we can fund this. The only option would be to consider remortgaging our home. However this is not something we could do for each of our three children. If we were to take on significantly more debt at this stage of our lives, it would place us in a long term, difficult financial position.
As we will both be in our fifties when our son wants to go to university, taking on more debt may not be an option, in which case our son (a straight A student wishing to attend LSE) would not be able to go to University.
Both my husband and I are working professionals but we can not cut our cloth to find the large sums of money required.
It would seem much fairer that our children are able to take on a student loan for their studies allowing them to access further education and pay back the loan in subsequent years.