Isn’t it more likely to put people off the more useful courses.
Logic: more useful = higher earning and > £21K per year. Less useful = lower earning < £21K. so the people doing arts and design courses which are less useful to society are not put off as it is unlikely they will pay back anything, whereas the people who are would-be engineers might be put off by coming out of Uni and subsidising some of the other students.
I must say im annoyed at this… in a year and a bit im hoping to do chem eng and it seems il walk out of uni with around 30k debt. not that it would put me off as it is going to pay off in the long run.