Generate text that refutes this claim: Setting up a graduate tax system would be damagingly expensive  A graduate tax would be a very expensive scheme to put into effect, as it would require high levels of government spending on student grants before the first graduates began to repay anything through taxation. If all the 2011 English applications for university we’re accepted at the new top price of £9,000 it would cost the Government in the first year just over £3 million, and this figure does not take into account all the other grants universities receive and as time goes on and more years enter the system the figure will grow greatly. (Guardian, 2011.) It is likely then to be two decades of investment or more before the system begins properly to pay for itself. Furthermore a costly increase in government bureaucracy would be necessitated by the need to keep track of so many graduates and by the complications the system introduces to the general taxation system. With many Governments taking up austerity measures it is simply impractical to setup a new funding system which is not needed.
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In the long term a graduate tax would save the state money by shifting the burden of costs to the main beneficiaries of higher education. It would also help to make the costs of expanding access to higher education more predictable and controllable, improving long-term planning. This means the early costs of setting up the system could be spread into the future by a bond issue, for example. The money saved can be spent better elsewhere in the education system, perhaps by improving secondary schooling so that more school leavers have the academic qualifications needed to attend university. Using the argument that change is not needed simply does not with students which a being saddled with debts before they even have work.