Tag Archives: student loans
Plans to freeze tuition fees at £9,250 and raise the repayment threshold to £25,000 have been announced by Theresa May, ahead of a speech at the Conservative Party Conference in Manchester later today.
Maintenance grants for students from poorer backgrounds will be scrapped next year, following Chancellor George Osborne’s 2015 budget.
The government has set the interest rate on student loans to 0%, disconnecting it from the rate of inflation. This means deflation will not reduce the amount students have to pay back.