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Labour backbenchers turn on Rachel Reeves as MP claims former students are stuck in a loans ‘Hotel California’Angry backbench Labour MPs have attacked ministers over the student loans crisis, saying graduates are being “outrageously scammed”.During a C…
Finance campaigner marches on to set and tells Tory leader her policy to cut interest rates will only help top earnersUK politics live – latest updatesKemi Badenoch has faced what could be described as the stuff of nightmares for a UK politician being …
Education secretary Bridget Phillipson suggests priority is grants for poorer students rather than cutting interestKemi Badenoch has said the Conservatives would scrap the “unfair debt trap” of high interest rates on student loans, piling pressure on L…
Exclusive: UK graduates in Germany, Belgium and possibly other countries informed of rises as salary threshold is cutBritons living in some European countries face a huge rise in their student loan repayments later this year, the Guardian can reveal, i…
Exclusive: UK graduates in Germany, Belgium and possibly other countries informed of rises as salary threshold is cutBritons living in some European countries face a huge rise in their student loan repayments later this year, the Guardian can reveal, i…
Millions of graduates are trapped by ballooning debts, as their repayments are dwarfed by the interest addedHelen Lambert borrowed £57,000 to go to university and began repaying her student loan in 2021 after starting work as an NHS nurse.Since then sh…
Graduates in relatively low-paid jobs earning close to minimum wage will have to repay ‘more, much sooner’ The National Union of Students (NUS) has warned that a new three-year freeze on the salary threshold for loan repayments could leave new graduate…
Education secretary says means-tested grants for ‘those who need them most’ will be funded by new international student levyUK politics live – latest updatesLabour is to bring back maintenance grants for tens of thousands of students from low-income ba…
‘Debt sentences’ rose by a third in six months, finds Royal London after FoI request to Student Loans CompanyMore than 150,000 people in the UK now have student loan debts of more than £100,000, with one borrower owing £298,000, data shows.The company …
Student Loans Company figures show 10% jump in a year as individuals increase borrowing to meet cost of livingStudents in England are finishing their degrees with government loans averaging £53,000, a jump of 10% in a year, as they increase their borro…