Home Financial Eyes Graduates to repay student loans over 40 years instead of 30

Graduates to repay student loans over 40 years instead of 30

Financial Eyes
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Graduates to repay student loans over 40 years instead of 30

Student fees were introduced in 1997 when New Labour came to power

Under Labour fees went up to £3k and when the 2010 Tory / Lib coalition got power they tripled fees again.

Martin Lewis explains what the changes to the student loan system mean for students starting university next year

@martinlewismse

Students will pay DOUBLE under the new system – major changes coming to student finance. Courtesy of @goodmorningbritain

♬ original sound – Martin Lewis – Martin Lewis

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