Chancellor attacked for breaking pledge that income threshold at which monies must be paid back would rise in line with earningsStudents and graduates who have taken out student loans since 2012 will face higher repayments after the £21,000 income threshold at which borrowings must be paid back was frozen for five years.The controversial change – omitted from the chancellor’s spending review speech in the Commons on Wednesday – means that on average a former student will pay £306 a year more in 2020-21 compared with 2016-17. Continue reading…
Source : theguardian.com
Read more…Student loans: Osborne criticised for ‘back door’ repayments change















