Students will be paying off loans into their 50s, study warns

By Daily Telegraph Reporter. Almost three quarters of graduates will have at least some of their loan written off under the new repayment regime, research finds.  The vast majority of students will still be paying back university tuition fee loans when they are in their early fifties, and many will never repay their debt, according to new research.
A study suggests that almost three quarters of graduates will have at least some of their loan written off under the new repayment regime, with the average amount wiped out standing at around £30,000. Read more...