Student debt and top-up fees will deliver a hammer blow to the public sector's chances of attracting new graduates,...
Student debt and top-up fees will deliver a hammer blow to the public sector's chances of attracting new graduates, warned Unison today. The union predicts that starting salaries for graduates in the public sector will have to rise to compensate for the increase in student debt. A recent survey by Barclays Bank showed that on graduation, student debt could be as high as £33,708 by 2010.
Chris Fabby, Unison's national young members officer, said:
'The public sector needs to be able to attract high calibre staff to bring fresh initiatives and deliver quality services. Graduates weighed down by debt and top-up fees, will obviously be attracted to higher salaries with the promise of perks and bonuses in the private sector, to clear their debts as quickly as possible.
'Local government and the NHS are already struggling to recruit and retain graduates and as debt rises they will struggle even harder. Students may face a pay-back time but so will the government because the result of their fees policies will be an increase in public sector pay bill.'
Unison sponsored the National Union of Students national demonstration against top-up fees in London yesterday.