Forecast value of outstanding student loans ‘£330 billion by 2040s’

By John Morgan. The value of outstanding student loans owed by graduates will rise to £330 billion in the 2040s. The government has made a significant upward revision from its last estimate of a £200 billion figure in the 2040s, according to figures released in response to a written parliamentary question from Liam Byrne, Labour’s shadow universities, science and skills minister. The change is highlighted by the writer and researcher Andrew McGettigan on his blog. More...