Half the university students who graduated since tuition fees were introduced are too poor to pay back their student loans. Of the 1.4 million graduates who started university after 1998, 702,000 are earning too little to pay back debt accrued whilst studying. Repayments are triggered when graduates start earning at least £15,000 per year; over half a [...]

More: Graduates too poor to pay back student loans

I have always been against free tertiary education because in my experience those who don't pay for their education don't value it. I've sat in too many classes with people who just don't understand how priviledged they are to be there, who are totally disinterested in anything the course has to offer, and who do their best to ruin it for everyone else in the room by chatting, texting, eating crisps, flirting or just simply not participating because they haven't opened a book in weeks.

However, to be saddled with a massive student loan is a terrible way to start your working life - can't we come up with innovative ways to keep down the cost of education? Some way to keep prices down but to also help and support in the repayment of the fees?

There are students who spend the first 8 to 10 years after graduation desperately trying to pay off these loans, surely they put a handbrake on the whle economy?

it have been a major problem nowadays

The interest rate on student loans is very very low, but still pretty noticeable. If a graduate is earning around £17,000 and so eligable to pay back the loan, the deductions from their monthly salary don't even cover the interest. It's not until they earn considerably more that they really start to make a dent on the loan.

Barry

Hi to all !!

Education is one of the basic need now days but this is not understood by many of the peoples that's why to promote it the government has started many acts and students loan is one of them.

This loans not only aware people about education importance but also helpful to the students who cannot study further due to lack of mony.

Thanks

That's pretty scary. Yeah, tertiary education for all that want it is a great ideology, but can we provide jobs over £17,000 for all that want them? so they can pay back the loans for their education?