BBCNEWS BBC News at Six June 4, 2024 17:10:00
The interest you pay on your student loan is linked to a measure of the cost of living called the retail price index, so while you are at university is that rpi plus 3% and, when you graduate, that's the maximum you can play, depending on how much you earn. looking at the next few years, from the current 4.5%, it leaps up to 12% before then, six months later, it drops back to 7%, continues at that kind of level, until 2a, 2024, when it of level, until 24, 2024, when it drops to zero and then pumps up again. the economists at the institute for fiscal studies say the government could level out t...