For God’s sake stop your kids going to university. The taxpayer can’t afford footing the bill for those unpaid student loans

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A mate of mine is buying every small house in the county town of Lincoln he can lay his hands on. He knows there is a queue a mile long of students prepared to rent them from him. It’s a nice little earner.

With 13,000 students at the University of Lincoln I can’t see my friend going bust anytime soon.

So I agree totally with Sir Peter Lampi, founder and chairman of The Sutton Trust, who says there are simply too many students going to uni and that the taxpayer will end up footing the bill for a lot of student loans which can cost more than £30,000.

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A record 44% of 18-year-olds in England applied to a university this year, a rise of 10% on last year.

Sir Peter said; "Too many graduates come out with a lot of debt. The levels of debt are astronomical - and in many cases they come out with skills that the market place doesn’t want.”

He went on; “We are giving them the money. And the taxpayer is not going to be paid back.”

PS: So just to mention again but if you plan to buy either car or home insurance I wonder if you might look at my small price comparison site A Spokesman Said as we earn a little commission from each sale which helps fund the research and editorial costs of running the site. It has the same offer as the big ones like Go Compare. Thank you.