Why is the UK capping student loan interest and will graduates now pay less?

Why is the UK capping student loan interest and will graduates now pay less?

Decision to cap interest rate at 6% from September is unlikely to defuse row over crippling cost of debtFull story: UK caps interest rate on student loansThe government has announced a small concession for millions of university graduates with “plan 2” student loans.However, the decision to cap the interest rate charged at 6% from September is unlikely to defuse the row over the crippling cost of degree course debts. Continue reading...

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