@alex4peneast@ApingSpring Whole thing is a mess.
Interest rates need to be capped from when the student takes out the loan.
Giving tax relief at basic rate on repayments?
Tuition fees need to reflect the cost of education being provided with subsidies for courses like nursing and social work.
Yesterday I payed off my student loan, whilst I’m pleased, it’s worth highlighting what a ridiculous and frankly shameful situation student loans have become.
A🧵 below on how student loans have become a money making racket, its long term problems and alternatives: