‘Basically you’re trapped’: UK postgraduates burdened with double loan debt
UK postgraduate students are facing significant financial strain due to high interest rates and low repayment thresholds on student loans. Campaigners are calling for government reform, arguing that the current system creates a 'life tax' that makes it impossible for many to pay off their debt.
Why it matters
The rising cost of higher education and the burden of student debt are major socio-economic issues affecting career choices and long-term financial stability for young professionals.
The repayment threshold on the postgraduate loan system has remained the same since 2016. The repayment threshold on the postgraduate loan system has remained the same since 2016. Student finance ‘Basically you’re trapped’: UK postgraduates burdened with double loan debt Calls for reform to student loan system as those studying for a master’s can be left with ‘a life tax’
The article focuses on the negative impacts of government policy and highlights the perspective of campaign groups seeking reform.
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