06-13-2010, 04:20 AM
It should be at least the minimum prescribed by ICAP which at the moment is 6500.
Your question is incomplete actually. Enough? Enough for what? Enough to support a family, buy a car, to do what? Of course its not enough for all that. But remember that this is a part of your qualification, even though we work full time. This is an investment that will pay back for the rest of our lives. Dont measure it by the stipend, the value we receive in these years is much more than any stipend. The purpose here is not to earn cash. You should be clear on that.
Already many firms have cut down the number of people they hire and some are not hiring at all, even the big 4 have to be careful because of the massive increase in costs, remember the cost of trainees in not just stipend but also traveling etc. If the stipend was further increased the situation with people looking for articleship will become even worse as firms will hire even less people, already the situation is quite bad. Qualifying and getting experience is more valuable than any stipend you can get. Think long term, a few thousand increase in stipend will destroy the future of many students, its not worth it, at least until the economic situation improves.
Your question is incomplete actually. Enough? Enough for what? Enough to support a family, buy a car, to do what? Of course its not enough for all that. But remember that this is a part of your qualification, even though we work full time. This is an investment that will pay back for the rest of our lives. Dont measure it by the stipend, the value we receive in these years is much more than any stipend. The purpose here is not to earn cash. You should be clear on that.
Already many firms have cut down the number of people they hire and some are not hiring at all, even the big 4 have to be careful because of the massive increase in costs, remember the cost of trainees in not just stipend but also traveling etc. If the stipend was further increased the situation with people looking for articleship will become even worse as firms will hire even less people, already the situation is quite bad. Qualifying and getting experience is more valuable than any stipend you can get. Think long term, a few thousand increase in stipend will destroy the future of many students, its not worth it, at least until the economic situation improves.