On Thursday Martin Lewis, financial guru, kicked off about the media’s scaremongering about student loans (12:22)…Victoria Derbyshire is particularly guilty of this….having camped out on several student protests on the issue without making any real effort to detail the way the student loan system works nor to challenge the student’s claims about the system….and many, many politically motivated comments from guests go uncorrected on BBC programmes about this issue as they attack the government.
Lewis had a good old rant about the media….which is slightly abridged here…..
‘I get angry…this constant ‘Are you not worried about the cost? Are you not worried about being in debt?’ ….now the kids have actually done their work and understood this…they understand that you don’t pay to go to university….but I’ve heard on every television channel this badgering of students ‘Are you not scared of the debt?’…and you know what…they’re going to be if the media does not stop focusing on this rather irrelevant ‘How much are you borrowing?’ and start focusing on how much you will repay which is actually what counts.
The media needs to grow up, the students understand it, their parents understand it…but I have to say that the biggest ignorance about how student finance works tends to be in journalists who deliberately try and create a scare story constantly fixating on the figure of debt….and the way the questions are phrased to the students, the way that we are trying to drag out of them ‘Come on admit that it is scary!’
They say there is no smoke without fire but sometimes there is only smoke because someone is ignorantly waving a match underneath to make it burn…’