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Student loans: Osborne’s overhaul ‘betrays a generation’

Student loans: Osborne’s overhaul ‘betrays a generation’ https://www.guaranteedinstallmentloans.com/payday-loans-ga/ George Osborne’s decision to impose a near ?3,000 increase in student loan repayments is likely to deter young people from going to university and hit disadvantaged students hardest, critics have said. Martin Lewis, the personal finance expert who led a taskforce to help explain the new tuition loan scheme, attacked the , announced by the chancellor as part of his spending review. In details released as part of Osborne’s autumn statement on Wednesday, the government confirmed the earnings threshold at which student loan repayments began would be frozen for five years instead of raised in line with average earnings, as promised in 2010 This is a ...

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