student loan program tied for graduate tax
I have made a detailed study showing that any system was designed to “degenerate” into a form of graduate tax, a reductio ad absurdum self-evident, because obviously nobody would tolerate two people with equal incomes pay different amounts of taxes only because he was a graduate and the other not.
The idea was not pursued for 20 years, and then Nigel Lawson was supposed to do without it turning into a graduate tax. Now we see why he was wrong.