Democracy

UK is mainly a representative democracy with aspects of a direct democracy. A direct democracy is however hard to manage with a large population, and it is often believed that most people lack the skills or the time, to vote correctly on every law. It can also give rise to something called the ‘tyranny of the majority’ where minority groups can never influence decisions. This does not happen in a representative democracy, where special consideration is often given to minority groups.

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Sunday, 8 October 2017

Student Loans

Who makes the most money from student loan interest? did you know the government already pays a 3rd of outstanding student loans, so at the moment the government is covering the people who don't accomplish what they wanted and can't pay the debts, that is fine with me, life is unpredictable, but it would make it better if the government made money back from those who do succeed in their endeavours, which they do in future tax from their earnings but for years the loan companies will be making interest and this seems unnecessary if the government could loan the money knowing the return will be ten fold I apologise for this amateur math example of my understanding, does this make sense? 
 Say The Tax pot = 1000 and Education = a minus of 50, A new Wage or income = future Tax income Tax Pot =1000
 Education = -50
 New Wage = 100 
Future Tax Income = 40
 1000 - 50(*4years=200) 800 + 40*30years=1200 
 so whats the interest work out per year? 55 years to double the pot= interest rate??

Year 2017 = £1000
 Year 2021 = £800
 Year 2022 = £840
Year 2051 = £2000

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