England student loan changes will hit poor hardest, official analysis finds Critics say plans among ‘most regressive yet’, while high-earning borrowers ‘stand to benefit substantially’
England student loan changes will hit poor hardest, official analysis finds Critics say plans among ‘most regressive yet’, while high-earning borrowers ‘stand to benefit substantially’
2 comments
Why anyone would borrow £10k’s at 7.8% I have no idea. Surely it’s better to just get a job rather than pay a 9% tax for the rest of your life.
The poor will avoid these like the plague, it’s the middle class that will get caught out taking on these insane loans.
There’s nothing the Conservatives like more than regressive taxation.