All the updated news related to student loans

All the news related to student loans updated in real time

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Government cuts student loan interest rates again amid rising inflation

Student loan interest rates in England and Wales will be slashed further to protect borrowers from rising inflation rates amid the soaring cost of living. Rates will be cut to 6.3% from September, the Department for Education (DfE) said. The ...

10 Aug 2022 at 01:01

Student loan changes will hit lower earners hardest, experts warn

Changes to student loan payments will hit lower-earning graduates hardest, experts have warned. Ben Waltmann, senior research economist at the Institute for Fiscal Studies (IFS) said changes which will see graduates start paying their loan ...

24 Feb 2022 at 15:55

Student loan repayments to start at £25,000

Students starting university courses in 2023/24 will have to start paying back their loans once they earn more than £25,000, the Government has announced. The threshold for new students starting courses will be set at £25,000 until ...

24 Feb 2022 at 01:25

Grade requirements for student loans ‘would be attack on working class learners’

Plans to consider minimum grade requirements for student loans are an “attack” on poorer pupils and “fly in the face of the levelling up agenda”, a university staff union has said. On Thursday, the Government unveiled its response ...

24 Feb 2022 at 01:25

Pupils who fail GCSE English and maths ‘may be blocked’ from student loans

Pupils could be blocked from taking out student loans if they fail maths and English GCSEs, under Government plans aimed at tightening controls on higher education. The proposals, which are set to be published later this week ...

23 Feb 2022 at 01:55

Graduates set for high interest ‘rollercoaster ride’ on loans

English and Welsh graduates who have taken out student loans since 2012 can expect a “rollercoaster ride” when it comes to interest rates, new analysis shows. This will mean students are charged higher rates of interest on ...

13 Apr 2022 at 11:55

MPs call for an end to higher fees for Hong Kong students

A group of MPs has called for an end to higher fees imposed on students from Hong Kong, calling them an “impediment to opportunity”. In a letter published in The Times, the MPs said the British National (Overseas) visa, ...

31 May 2022 at 10:25

Personal Finance

‘Graduates owe nearly twice as much as people who did not attend university’

University students and graduates aged 40 and under have nearly double the amount of non-student loan debt compared with those who did not attend university, according to research. Among those with debts, those who ...

16 May 2022 at 01:25

Government to cap interest on student loans to guard against inflation

Student loan interest rates will be capped to a maximum of 7.3% for a year to guard against soaring inflation, the Government has announced. Borrowers were due to face a 12% interest rate in September due to a ...

11 Jun 2022 at 01:01

Scotland

Scottish university students offered option of year-long financial support

University students will be able to spread their financial support over a 12-month period to help with costs over the summer months. Typically, students were only able to access loans and bursaries over a ...

19 Feb 2024 at 10:07

Government must address ‘weaknesses’ that led to student loan fraud – NAO

The Government must address weaknesses which contributed to fraud and abuse of student loan funding in franchised higher education providers, the spending watchdog has said. The “inherent risks” ...

18 Jan 2024 at 00:01

Call for student loan ‘forgiveness scheme’ to help tackle NHS dropout rates

High dropout rates as NHS staff begin their careers are leading to severe strain in the health service, experts have warned as they called for healthcare workers’ student loans to be written ...

28 Sept 2023 at 00:01

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