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Martin Lewis: Loan changes ‘to increase repayments by 50%’

Image: Omar Bárcena [CC BY 2.0], via Flickr

‘Money saving expert’ argues scale of post-Augar tuition fee repayment changes “slipped under the radar”

Finance expert Martin Lewis has warned that changes to student loans due to be introduced from September will increase the cost of going to university by 50 per cent.

The student loan changes, introduced in England as a result of the 2018 Augar review into post-18 education, will see the repayment threshold drop from more than £27,000 to £25,000, alongside the period graduates are eligible to repay increased from 30 to 40 years.

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