Students

It’s senseless to ask how things are going to end, because things as a general rule don’t. They rumble on, they morph, and yesterday’s drama becomes tomorrow’s eyebrow-raising justification for thinking that people used to be inexplicable idiots. Nonetheless, I read these stories of house prices rising again and I cannot help but wonder. How is it going to end? How is it even supposed to end? What is Mark Carney’s golden future? Interest rates stay low, repayments stay low, house prices keep going up and then... what? How do all these people who have overextended themselves eventually underextend themselves so as not to be utterly buggered when rates finally go back up again? What is the correct verb for underextending yourself? Is there one?

Yesterday came the news that net migration has once again fallen, this time to its lowest level for ten years. In the year ending September 2012, net migration was 153,000. That is a fall of 89,000 on the previous year when it reached a dizzy 242,000. This is undeniably good news. The public have consistently shown their desire to see net migration reduced and we now have a government which is committed to lowering net migration and has so far had considerable success. Many on the left, who cannot bring themselves to admit that net migration of 200,000 per year is too much for a small island such as ours, continue to perpetuate the idea that, in the process of reducing net migration the government is harming the economy.

It’s a bit early for predictions for 2013. But my feeling is that it could be the year of the unpaid intern, or rather, the year of the paid intern if the campaign to pay people a fair day’s pay for a fair day’s work continues to gather pace. Hazel Blears did well to secure cross-party support for a 10-minute-rule bill to outlaw the advertising of unpaid internships. It does seem odd that employers are obliged to pay the national minimum wage but can advertise that they are breaking the law. Campaigners Intern Aware has been pushing this particular cause for some time and should be congratulated for its work on the bill. The fact that HMRC is doing so little to enforce such breaches suggests it is perhaps not up to the job.

The Daily Mail got very excited last month over 'a new student craze' called milking, where students post videos of themselves ‘pouring milk over their heads in public places’: The four-pint fad began in Newcastle and soon spread to Edinburgh, Oxford and other universities. Not to be outdone, the fine gentlemen of St Andrews University have given their own twist on the craze: ‘Champagning’: Robed up, their video speaks for itself. It certainly gives a new meaning to 'Champagne for the brain', but a damned waste of fine Pol if you ask me.

Net migration to the UK from April 2011 to March 2012 was 183,000, down by a quarter on 242,000 the year before. That's the headline figure from today's Office for National Statistics release, and the government is using it to claim success. Immigration minister Mark Harper said: ‘This shows we are bringing immigration back under control. Our tough policies are taking effect and this marks a significant step towards bringing net migration down from the hundreds of thousands to the tens of thousands by the end of this Parliament.’ But it's worth looking a bit deeper into the figures.

International students are currently the largest single category of immigrants who count in the net migration figures, which cover all those intending to stay more than a year. In the most recent figures (the year to June 2011) there were 242,000 such students — making up 40 per cent of so-called ‘long term’ immigration. However, as a new report by IPPR sets out, international students are not really ‘long term’ immigrants at all. They are far more likely to return home after a few years than the other main immigration categories of work and family: the evidence suggests only around 15 per cent stay permanently.

When I visited the US recently, I got talking to some American teenagers about university. They (like me) had just left school and were trying to decide where to go next. I explained that in the UK, the Government's plan to raise tuition fees to £9,000 a year had led to riots. Their jaws dropped. They couldn't understand what the fuss was about. In the US, fees can reach $40 000 a year for the private Ivy League colleges. The reaction in the UK seemed ridiculous to them. They felt we should be grateful that we didn't have to pay $40,000. [Although, to be fair, some state universities only charge around $5000].

A month ago I found myself in the space of one week in two different countries, yet in the midsts of what felt like the same phenomenon: the political awakening of a new generation. In both London and Rome, students took to the streets to protest against government policies in numbers and in ways that those who graduated just a few years before would have found anachronistic, odd even. Unsurprisingly, given the historical, political and even emotional differences between Britain and Italy, there were differences between the protests. But as I walked the packed streets, listened to the protests, read their slogans, I heard similar arguments - particularly about the lack of fairness. When both events were finished, Whitehall and Via del Corso looked similarly destroyed.

The student protests are an important short-term development, which will undoubtedly worry the coalition. But are they also, as the Met Commissioner noted, a harbinger of something else: namely, a return to a late 1960s, Continental-style protest, which will encourage other groups - from Tube drivers to Tamils - to use sit-ins, strikes and ultimately street-based violence as a political tool. The NUS rejects that their tactics are associated with violence, knowing it will turn the majority of English people against them. Blame is heaped on small groups of agitators. Anthony Barnett argues that unlike in the 1960s, "the relationship to violence is also much better, as shown by the spontaneous revulsion of the demonstrators against throwing the fire extinguisher at Millbank.