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

admin April 7, 2026 Leave a Comment

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 debt

Full story: UK caps interest rate on student loans

The 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.

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