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UK Government Caps Student Loan Interest Rates at 6%
Primul articol: 7 apr. 2026, 12:50
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Ultima actualizare: 7 apr. 2026, 13:27
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The UK government has announced a cap on student loan interest rates, setting the maximum rate at 6%. This decision comes in response to growing concerns about the financial strain on graduates due to rising inflation and the cost of living crisis. The cap is intended to provide some relief to borrowers and prevent interest rates from escalating further.Articole despre acest subiect
Foto: The Guardian
UK government caps student loan interest rates at 6%
Minister says change for plan 2 and 3 loans in England and Wales will ‘protect borrowers’ from impact of global conflictUK politics live – latest updatesThe interest rate on plan 2 and plan 3 student loans will be capped at 6%, the Department for Education has announced.Graduates with plan 2 loans currently pay interest rates based on the retail price index (RPI) measure of inflation, plus up to 3% based on their earnings. Current students on plan 2 and plan 3 loans attract an interest rate of R
Citeste pe The Guardian →
Foto: BBC UK
Plan 2 student loan interest rates capped at 6% in England
The cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.
Citeste pe BBC UK →