Home > General waffle, News and politics > Government back-pedals on student loan interest rate

Government back-pedals on student loan interest rate


Surprise, surprise the government is reneging on the promise that student loans wouldn’t increase in real terms. The government’s official rate of inflation is now negative, so post-1998 loans should now be decreasing according to the original student loan rules, but guess what …. they’ve found a loop-hole which means loan rates wont go lower.

read more | digg story

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