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UK Student Loans: Treasury Profiting, Grads Squeezed

Published 4 days, 7 hours ago
Description

New report reveals UK student loans to generate over £5 billion for Treasury, with the 2022-2023 Plan Two undergrads facing a £679 million surplus. Chancellors freeze on repayment threshold and interest cap at 6% spark outrage, with students and grads calling it unfair. London Economics proposes a stepped repayment fix, as Treasury Committee investigates the systems fairness. The debate on who should bear the higher education bill continues.

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