Half of graduates ‘too poor to repay loans’

UK“Around 702,000 former students are unable to meet minimum repayments because they are failing to earn enough, it was disclosed. The number of graduates from England deferring loan payments increased by 160,000 in just a year. The rise was blamed on a dramatic shortage of decent jobs combined with the effects of the credit crunch …” (more)

[Graeme Paton, Daily Telegraph, 23 July]

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