12 avril 2014

Six in 10 students will have their debts written off

http://bathknightblog.com/wp-content/uploads/2011/07/telegraph-logo.jpgBy Tim Ross. David Willetts, the Universities Minister, tells Labour's Liam Byrne that the government expects 60 per cent of students' loans will never be fully repaid, costing taxpayers billions of pounds. Almost two-thirds of students will never repay their taxpayer-funded tuition fee loans, according to new government figures.
Billions of pounds in government loans are being given to students to cover the cost of university course fees, which tripled to £9,000 a year under coalition reforms introduced in 2012. Students are given state loans to cover the cost of these fees while they study and are not required to repay their debts until they are earning more than £21,000 a year. Any unpaid debts are written off after 30 years. Read more...
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