Businessman Terry George, who left school without any qualifications, speaks to students and a university vice chancellor as he tries to discover the value of a university degree.
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Welcome to the programme. This week, we sent a millionaire businessman
to find out the value of a university degree in the current
economic climate. Terry George are left school with no qualifications
asks a group of students what they all think? And I can tell you, my
neighbours and I never thought about going to university. Also
tonight, beat the fees. Financial - - a financial guru has advice and
how to beat the fees. You can end up not having to pay back a penny.
And campaign for people that like food, in the age of austerity,
campsite cooking and a gourmet Terry George is a millionaire
businessman who is living the dream. A swimming pool, a mansion, a
fantastic lifestyle. He achieved all of this despite leaving school
at 16 without any qualifications. What does he think is the value of
a university education in this day and age? Hallow, guys, just
checking out what is going on. is student night at one of my
venues and it's going to be packed. Can we push them to the other side?
And made my money out of property, telecoms, bars and clubs. What time
to reopen until tonight? 6 A I am. These students are my customers,
there are over a 1,000 people here, and I am the only one that has not
been to university. It might not look like it, but being a student
is not just about having a good time. Most of the students are
hoping to get good jobs. It was different for me when I this
growing up in Leeds. I got nothing from education. I have never pass
an exam in my life, apart from my driving test. It is unusual coming
back to my street where I grew wop. All of the neighbours, I can tell
you that none of them, including myself, thought about going to
university. We were thinking about paying higher bills, keeping the
electricity on, paying for food. It is so different these days. This is
my old house. Sometimes my parents struggled to feed us. When times
were tough, we did the best we could. Just down the road, I went
to school. It has been pulled down now. I spent most of my time here
at the back of the class until I was old enough to go. I left at 16
with no qualifications. I thought it was time to go into the big bad
world and make some money. These days, some students seem to spend
as much time protesting about money as they do studying. University is
getting more and more expensive. Students will have to pay tuition
fees of up to �9,000 a year. Some people are wandering is it still
worth going to university? -- wanderings. This is Savell Sol, it
used to be a mining town, but the pits closed many years ago. Like me,
lots of the kids here never thought about going to university. I am
meeting some sixth-formers from a local school and I want to know how
they feel about getting a degree. And many have you had your parents
could University? These parents do not want to following their parents
footsteps. -- the students. mother works hard in a factory, but
I don't think that she gets the rewards that she wants. I want
those rewards. I feel sorry for people that cannot get any higher.
They have to work as a factory workers for the rest of their lives.
Some people leave college and university because they think
getting a factory job is better because you get money straight away,
but nobody will want to stay in a factory for the rest of your life.
You want a good university to do something good. My parents would
have wanted to do something else. With the university fees put you
off? Do you have plans to get around that? I have to consider it,
because my cause is seven years, and it reaches �150,000. What do
you want to do? I want to be an actor. Nowadays, nearly half of all
teenagers good university. I spent my life wondering what would happen
if I had gone? A lot of people say, why go to university, you were very
successful. That is true, but died surrounded myself with people that
had been to university, people with degrees. -- eyes surrounded myself.
But universities are not everything. Some people opt out of student life
and go straight to work. I have come to a law firm in Leeds to meet
some people that it realise you do not have to be a graduate to get a
job peer. This law firm takes on school leavers as apprentices.
not guaranteed a job after university, but after an
apprenticeship I am guaranteed a job. It looked like you were going
to good university be changed to a mind at the last minute, jazzman?
This was not the first opportunity, if university was freed or heavily
subsidised, I would have gone straight to university. But you
have to get up and dress smart and good to work, whereas your friends
can wear what they want and they go to university. How do you feel?
feel different when I get my pay cheque on the 20th of the month and
they have to pay their student loan. Universities are big business. They
say they are offering customers and attract a product. The main thing
they get when they come to university is alive opportunity.
This is a complete the life changing events. You leave here
with a fantastic skill set and you will end up in a job, hopefully,
three will enjoy yourself for the rest of your life, and would
probably be paid more as well. Student fees are going up, but the
vice chancellor doesn't do too badly. Last year he earned a salary
and benefits of �319,000. Nationally, I run the second
biggest university in the country. I think I received the 20th highest
salary. So, I have had no, at my own volition, I have had no pay
increase for the last three years. So you have paid your money, you
have your degree, you would expect to walk into a good job. But we
you? Paula Nice and Hannah Dickinson got good degrees from
Leeds University. Paula got a first and Hannah got a 2.1, but they
cannot find a good job. We have to dramatically lower expectations and
I signed up with a job based in see recently and said I was hoping for
�15,000 up. -- a job agency recently. They said that people
with more experience than me are looking for more than that, and
that is fine, I'm not driven by money. It is just not me what we
expected. I am shocked, because I hear stories of people that a
graduated expecting to get �22,000, that is not what you're telling me.
I do not know where them jobs are! Be teenagers have high hopes. --
the teenagers. We're at Leeds Metropolitan University to have a
look around. I have got involved at Leeds Metropolitan University with
schoolkids from all backgrounds, because we want them to think about
going to university. I spoke to the student union president. The new
generation will have to pay fees, would that put you off? It would be
something I would consider, but I do not think it should put you off,
because coming to university, you will learn something priceless.
Even if it is 20 grand a year, I'd still do it, just with the
experience of meeting different people, understanding different
cultures, learning will you are. That is something that is really
important overall of the fees. taking be teenagers around my home.
This is what I have worked for. 30 years ago, I never dreamt I would
live somewhere like this. Did you bring a swimming costume?
You're not skinny dipping! My Won Joon to go to university, do very
well and, to buy this house from me. -- I wanted to go to university. As
anyone had a change of heart? Who still wants to go to university?
don't want to be a teacher any more, because I will not earn enough, I
could not build a life like this. As this puts you off? It has put me
off, I will do something else. sure all of these kids will have a
brighter future, one of them is unsure about university, but all of
the rest of them are going ahead and I agree with them.
I have learned that university is not for everyone, and yes, the
university fees are going up, but you cannot put a price on education.
There is more to it than just the university fees, there is the
aspect of meeting new people, the opportunity to open new doors.
Despite my success, looking back, I would definitely have gone to
Coming up on Inside Out, gourmet camping. We meet the man putting
the glamour into cooking under A survey commissioned by BBC
insiders suggest that the vast majority of A-level students have
not been put off the idea of going to university by next year's hike
in tuition fees. Some are considering going abroad as a
cheaper option. We ask a financial guru to see if there is a way to
beat the fees. Young, confused and afraid. This is
what thousands of teenagers across England field. A lifetime on the
run. What is chasing them? Student debt. But is it really going to be
the horror movie that we have been led to believe? Whether to think
next year's hake in fees is fair enough, it is happening. Young
people in need to know the facts. I am going to show you what a degree
can really cost, and how you can avoid those fees altogether. Next
year, English universities will charge up to �9,000 paired here,
with living costs on top, graduates can face debts of up to �50,000.
How much will be actually end up paying back? I have come to meet
some sixth formers in Birmingham to show them. I think the number will
shock them. I think that earning interest over such a long time as
you are paying back that don't really is a number that most people
do not think about. Let's imagine that you graduate from university
with first -- with �50,000 in debt. You get a high-paying job like we
expect to cut you will get. How much of that money do you have to
pay back? I am not quite sure, but is it all that? You have to pay
back all of it and more. All, interest. Her interest. -- Cole,
interest. �75,000. Is that just for one person? Is that for an average
the three-year degree? Yes, if you take out the maximum loan.
But what if their careers do not go as planned and they never earned
more than �21,000 pair year? The image you have to pay back is easy
goal. So what is going on? -- the amount you have to pay back a zero.
The more you earn, the more you pay back. If you never earned more than
a certain amount, then you never pay back a penny. The new
independent tax for -- independent task force on student debt is led
by Martyn Lewis. These fees, compared with the actual cost are a
very different type of system. Many people will not come close to
paying in full what they have borrowed. Some will not pay
anything at all. The bewildering fact that we are putting people off
pretty -- putting people off going to university because they are
looking at the price tag is a shocking. Most graduates will face
of this debt. Is there any way of avoiding the fees? Yes, you can
study abroad. At the recent student World Fair in London, teenagers
discovered just how much they can save. I think everyone would rather
go to university when they are paying �8,000 cheaper. As the fees
are cheaper, that is more attractive. In fact, dozens of
universities across Europe are offering courses taught in English.
The fees differ from country to country, but in Scandinavia,
tuition is free. In Denmark, we have no tuition fees at all. The
Danish government fees for Danish students are free, so according to
EU rules, we must treat other he's you students alike. This girl has
taken the plunge and is off to uni in Slovakia. I have my flight, this
is my hand luggage. She saved a fortune on living costs, paying
just �100 per month. What would be the piece of advice
that he would give to anyone considering doing what you are
doing? I think if you are even considering it, you should go for
it. It is worth doing. Does get on a plane. You need to be a but
praise for the plane journey over, but I have never looked back. --
you need to be a bit of praise for the plane journey. Time is up. I
want my money. I want by 50 grand. Studying overseas may be one way to
avoid the debt. But there are down side. If you study abroad, the
government here will not give you a loan. Only some of the courses are
taught in English, and some employers may not recognise foreign
degrees. So you need to do your homework. Another way of beating
the fees is to get someone else to pay. But who? London's financial
heartland is a good place to look. Do not be fooled by the power suits.
Believe it or not, these youngsters are all freshers. They are being
sponsored by accountancy giant KPMG. The entire package was a degree, a
salary, the tuition fees were paid and you where... A job at the end
and you were held to become a qualified and chartered accountant.
Did it sound too good to be true? That you suspect a catch some were?
There was not a cat and I do not think there is a catch. As with
everything in life, I do not -- you have to work hard. The man who runs
the programme tells me that KPMG does not offer the stereotypical
student experience. This is an extremely intensive programme. They
must walk from us, study for the Digby and attain their chartered
accountancy qualification in six years. That will acquire hard work
and that is all you really ask of them. Then there are bursaries.
Students from low-income families can get money from Derry us sources.
It is worth recalling the Web. -- it is worth looking on the Web. Is
there another way of avoiding the debt? You can pay up front. 16 you
also feel that Adams is try to do just that. As well as studying for
her A-levels, she sells beauty products on her bedside. I started
my bed -- started by business because I wanted to save for
university. My parents said that with the high price of university
fees, it would be too much for them. And try to avoid getting into debt,
because I know it takes a long while to get out of debt and I do
not want to be in that place. Government allows students to pay
up front, but most will have to to get a loan. One financial expert
believes that graduates could end up paying back far more than anyone
has predicted. Financial -- is financial
journalist is warning students to beware. The problem is that the
deal is not a deal. There are all of these numbers flying about,
saying that you will be charged a certain rate of interest on the
loan and sure payments will start at �21,000. Over that you are
paying a certain percentage. None of those calamities or in the
contract that Eastern signs of four. The Government can change those
numbers as it wants to in five years' time, ten years' time or 30
years' time. Students could end up paying a lot more. Any big changes
would have to be approved by Parliament. Like many Americans, I
graduated with the equivalent of tens of thousands of pounds worth
of debt. It was daunting. If you know the facts, student debt does
not have to be scary. I confronted it, and so can you.
It may not be everyone's idea of fun, but spending holidays under
canvas can -- is becoming increasingly popular, especially in
these cash-strapped times. The only problem with camping in this
country, other than the weather, is the food. If you do not like
banners and beans, be have been to meet someone who might be able to
help. -- bangers and beans. We have come to the campsite at had
his farm in Robin Hood Bay near Whitby, I could win one of the most
spectacular locations you will find anywhere. What is great about
camping at the site and the smells and the fact that you are that much
closer to nature. What is not always so good is the food. Entered
Josh Sutton, also known as the guy rope Gourmet, a man whose passion
in life is to bring top-quality there may cuisine to the campsite.
Traditional can save food has always been banners and beans and
things in towns and processed food. I have been eating that for years.
I am fed up with it. Good to see you. Good to see you. Shall we get
the tented? Just spend as many weekends as possible under the
canvas as possible. He believes that with planning and organisation,
and gourmet food is within reach. Over the next few days, people put
that theory to the test. I am trying to encourage people to try
something a little bit different. I have a website with a collection of
30 or 40 recipes. Some are simple salads, others are a little more
complicated. I just want people to try it. I believe there is a guy
rope gourmet and everyone. Judges providing both the food and the
entertainment, all with just two gas rings, a couple of pans and the
ukulele. The pilot is cooked! should walk round their tents and
see what they are eating. Yeah, what I treating? Simple for now,
but tomorrow we are setting a challenge that will test him to the
limit. Campaign has been around for years, but as she sticks -- but has
recently experienced an explosion in popularity. What was once the
preserve of hardy outdoor types is now a staple of the great British a
stay-cation. Over a million people went camping last year, and so tend
technology may have moved on, the cuisine has largely been left
behind. Day two, and it is a blustery but
bright day at Robin Hood's Bay. Morning, Jamie. After a breakfast
of scrambled egg and smoked salmon, it is time to get down to business.
Today, we are going to be Josh's theory to the test. We will send
him out to find local ingredients and then knock up a feast that is
fit for a king. We have given him a limited budget
and stipulated that everyone must be pot within five miles of the
campsite. Are you happy with what you are doing? Very much so.
said the PM then. We have not so when the menu tonight, I'm heading
out to find a fresh lobster. The tightest has come up, so I am just
looking for a chat on a boat with fresh lobsters to score overnight.
Let's have a look at those. I am looking for a nice size lobster,
bearing in mind the pot I have. That fellow is a contender, and
that one there. This one looks like a male, with a slightly bigger
cloth. Well, we have some lovely lobsters and will cut them up with
some linguini and tomato sauce. -- with a slightly bigger coal.
We are heading off into Whitby to pick up a couple of scalps, which I
will take back to the campsite, a rat and a couple of bits of Padgett
and pop them on a skewer. -- to pick up a couple of scallops.
We are going to a great little fish shop here on the right hand side,
it has an amazing window display. He would not want to get your legs
stuck in there, which you! I am looking for some scallops if they
have any. I will have half a dozen, please. Meanwhile, back in the
campsite, I am organising little surprise for Josh. OK, I'll see you
around three. Bearing in mind that my taste buds are not exactly that
culture, and decided to bring in a judge who is a little bit more
discerning. My neighbours rob Green, and die and the National seafood
chef of the year. I think that seafood should be fresh, locally
sourced and not messed about with too much. I will be hard but fair.
Back at the campsite, Josh has started ticking, but the weather
has taken a turn for the worst. classic camping fashion, be have
added dramatic weather changed. The heavens are about to open up on us.
It is time to say goodbye to these boys. They are still alive and
kicking. Beautiful chaps, these two losses are going to feed three of
us. And like to say thanks to the losses for giving up their lives,
and damned which goal and dispatch them. But then, the when -- the
weather went from bad to ridiculous. Is that normal, Josh? Know, that is
not normal. We have a slight problem with the wind at the moment.
It is knocking the tent absolutely flat. Take a look over there, you
might be able to see a huge crate back of rain which is coming
straight for us. Will you be able to carry on cooking? I will move
into the 10th, when I am out of the wind it will not pull the flames
out. -- into the tent. Joshua Lumley has around 30 minutes before
a judge is due to live -- due to arrive. Well and truly cooked
delicious. That is little later as onions, garlic and sacks or take
large plum tomatoes. These, just boiled in sea water for 15 minutes.
At 3pm, Rob Green arrives at the campsite, despite the appalling
conditions earlier, Josh is ready to serve up. We have a starter of
school wrapped in an Cheka. Add a little of linguini with lobster and
tomato sauce. Excellent. I hope you enjoy it. Could to perfection,
lovely. Abul tried the lot lop -- I will try the lobster. I can still
pays the lobster through the source. There are some really nice, and
zany and lemon going on there as well. A simple dish, but absolutely
Fabulous. If I was camping and I was served this it would be over
the moon. These are restaurant quality dishes. An absolute genius
on the camping equipment that we have there. He will have to excuse
me, I am good to have another that. How do you feel? You have been
given the thumbs-up by the seafood chef of the year. I cannot get over
it. There was a couple of bits of lemon zest in there, a couple of
the simple things like that. I cannot believe it, I feel like
going off and doing little dance. There you go, camping cuisine par
excellence. The best use is, there has only around the hours until
dinner. If you want to contact us, you can
do via her Facebook page or via Twitter.
That is all from Malham in the Yorkshire Dales. Joined as for next
Leeds businessman Terry George, who left school without a single qualification, tries to find out the value of a university degree. The self-made millionaire meets sixth formers, students and a university vice chancellor. Also Jamie Coulson meets the man trying to put the gourmet into campfire cooking.