DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - University Tuition Fees in the UK

**primaveraloler** · 09-04-2012, 02:56 AM

Well, as far as I am aware the student loan is something most people are eligible for.
this means you do not need to worry about paying £9,000 in that year.
Secondly, it must be noted, that this student loan increases only by the inflation rate. That means the real interest rate is by law 0%. Remember there is a difference between real and nominal interest rate.
Because we live in a fiat money system, there is a case to be made that perhaps the loan you take can be regarded as sadaqa hasana (I am not giving the scholarly ruling on it, only my own). You are paying it back, automatically from your salary once you start work. it also kicks in at a high level, from over £21k.
So if you make 22k per annum, you will pay 9% of 1k which is £90 per annum. if you make 41k per annum, you will pay 1.8k per annum back.
It is designed as a way to alleviate hardship, not a mechanism to create hardship.

So the real question is, do you consider a loan, which is at 0% real interest rate to be haram?
if you wish to stay away from doubtful matters, fair enough. i would advise you in that case to work part time and study part time, e.g. through Open University.

Inflation is the same as interest according to shariah:

http://qa.sunnipath.com/issue_view.a...ID=380&CATE=43

For the OP, the first thing is put your trust in Allah. It's amazing how when you do things the halal way you will see the barakah inshaa Allah. We come from a working class family, al hamdu lillah remained steadfast that I would not take a loan and I sufficed with the grant and some extra earnings. At the end of the year I had a surplus of money! SubhanAllah.

Now that the fees have risen to £9000 I think our youth are going to have to do some sacrificing.

Some options:

1) Take a part time degree, where you pay about £3000-4000 a year, work part time as well and use your earnings on your degree fees. This might take you upto 6 years or so. Inshaa ALlah we hope that Allah puts barakah in the earnings so you will have some money for yourself.

2) Study via Open University, work alongside that to pay your fees.

3) Take an apprenticeship, earn, build qualifications and experience. Then when you have the money to study full time, take a degree inshaa ALlah.

4) Go and study abroad where the fees are cheaper.

5) Take vocational qualifications like NVQs, work and save some money and then eventually come back to higher education inshaa Allah.

6) You can also choose to forget university, in which case take cheaper courses and work your way up to the level where you can start off your own business.

If you want to be a teacher, try be a teaching assistant first, go upto Higher level teaching assistant status then inshaa Allah slowly you can get QTS inshaa Allah.

If you want to do medicine, then try being something like a paramedice first or a healthcare assistant, save the money and go for it. Or look into clinical physiology.

If you want to do something technological based, then try working as a plumber or electrician

etc.

The main message, you are probably most likely going to have to work a lot, either during a part time degree or work and then take a full time degree.

Inshaa Allah I hope that helps, may Allah make it easy for us all to worship Him and to stick to the halal. May He expand our provisions and make it easy for all the brother especially to get a good secular education in this climate. Ameen.

09-04-2012, 02:56 AM	#5
primaveraloler Join Date Oct 2005 Posts 568 Senior Member	Well, as far as I am aware the student loan is something most people are eligible for. this means you do not need to worry about paying £9,000 in that year. Secondly, it must be noted, that this student loan increases only by the inflation rate. That means the real interest rate is by law 0%. Remember there is a difference between real and nominal interest rate. Because we live in a fiat money system, there is a case to be made that perhaps the loan you take can be regarded as sadaqa hasana (I am not giving the scholarly ruling on it, only my own). You are paying it back, automatically from your salary once you start work. it also kicks in at a high level, from over £21k. So if you make 22k per annum, you will pay 9% of 1k which is £90 per annum. if you make 41k per annum, you will pay 1.8k per annum back. It is designed as a way to alleviate hardship, not a mechanism to create hardship. So the real question is, do you consider a loan, which is at 0% real interest rate to be haram? if you wish to stay away from doubtful matters, fair enough. i would advise you in that case to work part time and study part time, e.g. through Open University. Inflation is the same as interest according to shariah: http://qa.sunnipath.com/issue_view.a...ID=380&CATE=43 For the OP, the first thing is put your trust in Allah. It's amazing how when you do things the halal way you will see the barakah inshaa Allah. We come from a working class family, al hamdu lillah remained steadfast that I would not take a loan and I sufficed with the grant and some extra earnings. At the end of the year I had a surplus of money! SubhanAllah. Now that the fees have risen to £9000 I think our youth are going to have to do some sacrificing. Some options: 1) Take a part time degree, where you pay about £3000-4000 a year, work part time as well and use your earnings on your degree fees. This might take you upto 6 years or so. Inshaa ALlah we hope that Allah puts barakah in the earnings so you will have some money for yourself. 2) Study via Open University, work alongside that to pay your fees. 3) Take an apprenticeship, earn, build qualifications and experience. Then when you have the money to study full time, take a degree inshaa ALlah. 4) Go and study abroad where the fees are cheaper. 5) Take vocational qualifications like NVQs, work and save some money and then eventually come back to higher education inshaa Allah. 6) You can also choose to forget university, in which case take cheaper courses and work your way up to the level where you can start off your own business. If you want to be a teacher, try be a teaching assistant first, go upto Higher level teaching assistant status then inshaa Allah slowly you can get QTS inshaa Allah. If you want to do medicine, then try being something like a paramedice first or a healthcare assistant, save the money and go for it. Or look into clinical physiology. If you want to do something technological based, then try working as a plumber or electrician etc. The main message, you are probably most likely going to have to work a lot, either during a part time degree or work and then take a full time degree. Inshaa Allah I hope that helps, may Allah make it easy for us all to worship Him and to stick to the halal. May He expand our provisions and make it easy for all the brother especially to get a good secular education in this climate. Ameen.
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