Big deal if they raise the interest a little on older loans. No one could have anticipated the rate of interest being so low.
It is rubbish about them having the due amounts demanded though, the repayment rate is not increasing, nor is the income related aspect changing.
Scotland has a different system of education entirely, so what we do here is not really relevant.
Mad myth that it's even going to be low interest for the foreseeable future, by the time my 13 year old is in Uni it'll be 2000% on the cheap student loans, when sold off you'll be lucky if you get Wonga interest rates, and there will be no NHS as we are living too long and expect far, far to much, we are expecting multi, multi billions to keep us, when there is hardly enough to keep hospital cleaners in jobs
I'm sorry your living in fairy land if you think student's in England will be any better off than your average tramp when they are £50-60,000 in debt, and that's just your basic graduate Drs will be £150,000+ in debt and expected to pay £150+ every week to try to cover debts just to become graduates never mind further training, I'm probably underestimating that, it's probably more like £300-400 a week if not a lot more.
Whether Scotland is relevant to the English or not the point is free education should be for all not just for the minority that happen to live in the right country. Greenstiles has not a chance of higher education here unless he has a fortune or has family that has a fortune, it's shit but it's reality. only the seriously well off will have any chance of a Uni degree as my 8 year old says. he will never go to uni as he does not want to be lumbered with debt, and I didn't even suggest he might be he just got it from school. Maybe he'll join his brother in the Marines, at least his brother isn't lumbered with huge unsecured debts and is well paid.
You can't buy happiness but you can buy a bike and that's pretty close
Sneaking in components behind hubbies back Shhhh!!!
1995 Marin Bear Valley SE
1988 Specialized Rockhopper Comp