Britain has voted leave. David Cameron has step down as Prime Minister. The value of the pound has decreased to the lowest since 1985!
The whole country seems to be divided by joy and despair, even though a vast majority of young people voted remain in the EU, our voices were unfortunately drowned out by the older generations.
There was (and still is) a vast mix of emotions and opinions about the results… but what does this actually mean, what is the position of the youth in all this mix?
Here is the daunting situation taken from economical advisors, about the impact Brexit could have on the future generation.
The generation that will have to live with a future they didn’t ask for…
University Could Become Unaffordable:
Due to the separation from the EU, the price for University tuition in England could rise astoundingly.
It is argued that there are 125,000 EU students at British universities, generating more than £2.2bn for the economy and creating 19,000 jobs.
However, student exchange programmes like ‘Erasmus – which provide over £1bn in funding for UK Universities in research and apprenticeships, have now evoked their funding due to the referendum.
The Leader of Universities UK (UUK) quoted:
“They make a powerful contribution to university research and teaching and have a positive impact on the British economy and society.
We will also prioritise securing opportunities for our researchers and students to access vital pan-European programmes and build new global networks.”
Well by Britain leaving there would be removed freedom of entry for workers and students.
Therefore, The EU is no longer inclined to provide that funding any longer.
Meaning it will need to be generated from somewhere else.
It is feared students in the coming years, will see a rise in tuition- from £9000 to £15,000 a year
Scary right? But it’s very plausible as the funding provided by the EU makes up 30% above the governments contribution in some cases.
Jobs Will Become Even Scarcer:
Freedom of movement across the EU currently means young people have a wider pool of graduate jobs to choose from, as more and more organisations work across Europe or specific targeted industries.
Lastly, graduates find attractive are booming in other EU countries. Restricting freedom of movement means finding a job abroad could become much harder for young people.”
So what do you think? Will this happen or will the government find an alternative?
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