But why is it absurd? Would it be wiser to be unemployed and try to survive on universal credit?
It is not a loan for work. It is a loan to afford childcare and have also enough monthly cash left over to afford food, bills, commute, mortgage.
For me, working is not just a necessity because I simply do not have infinite savings; it is a no-brainer because if I stay out of the workplace now, it will be difficult to get any decent salary 2-3 years later.
I mean… People take loans for cars or houses that they cannot afford in cash and they pay them in instalments for years.. That sounds to everybody logical. Or they take loans for holidays and weddings….
So why a loan to spread the childcare fees is absurd?