‘Graduate tax’: Students to pay off loans into their 60s under new plans
Martin Lewis, the MoneySavingExpert founder, said the government's plans are a "working-life-long graduate tax".
Martin Lewis, the MoneySavingExpert founder, said the government's plans are a "working-life-long graduate tax".
“This will be a further hit to the real incomes of these graduates on top of the rising cost of living, the freeze in the personal allowance, and the hike in National Insurance rates.”
Researchers warned of the severe "psychological toll" that high debt burdens are having on graduates.
From the newsletter: British politics offers young people nothing whatsoever.
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