‘Debt sentences’ rose by a third in six months, finds Royal London after FoI request to Student Loans Company

More than 150,000 people in the UK now have student loan debts of more than £100,000, with one borrower owing £298,000, data shows.

The company that obtained the figures says these “debt sentences” hanging over people are damaging graduates’ ability to save for the future and get on the property ladder.

Continue reading…Student finance, Borrowing & debt, Money, Students, Personal loans, Higher education, Education, UK news, Consumer affairsRead More

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