Summary
THOUSANDS of graduates will be faced with bigger monthly outgoings from the start of the new tax year as the Student Loan Company goes on its annual debt-collecting round.
Graduates who took out loans before 1998 and now earn above the minimum repayment threshold of Pounds 21,360 can no longer defer their debt.See the full content of this document
Extract
Payback Time for Graduates ; Moneymail
From April, these borrowers will begin to repay their total debt, at a current rate of 3.1 pc interest, over a 60-month period.
For a student with three loans totall...See the full content of this document
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