Whilst everyone and the whole of news programmes are covering the tragedy unfolding in Ukraine, the UK government is still pushing ahead with some very unsavoury changes..
Not the least of these are the proposed changes for student loans to take place as from 2023/24.
This would mean that ex-students will start having to pay back these loans when they are earning £22,00 pa (as opposed to the current £24,000) AND the loan will now be extended for paying back for 40 years (now just 30 years).
This will have a big effect on poorer students, who take out the larger loans in order to see them through the three or four years of their degrees.
At present around 30% of loans are paid back fully over the thirty years (mainly due to low earnings of those graduates) - the changes are expected to make this 60%.
This is hardly being mentioned on any news programmes as it appears as if these services can only ever cover one item a day - a few weeks ago that was covid, now it is Ukraine.
