The government loans tying students into contracts with interest rates that are closer to 6.6 per cent. This is because the 4.6 per cent interest cited is compounded monthly, meaning every month unpaid charges are added on to the original loan.
Germany, France, Spain, Italy and Norway all offer university education that are free or extremely low-cost at only 200-500 euros for registration. Britain should join the global village and adopt similar methods in education by introducing the practice of the paradigm shift. Education should be free of charge from birth, with life-long learning supported by public funds. This will allow the poor to turn their lives around, and enable people to move up from one class to another. Education officials should all be chosen by the people through direct elections. See the Permanent Charter for Peace and Development.
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