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Sep 25, 2017    04:39:39 PM


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Posted by: YoNews
« on: Jul 17, 2017    06:20:07 AM »

In the UK, 77% of 2017 university grads will never fully repay their student loan debt

Because of the UK's dramatic shift from student grants to loans, a startling report from the Institute for Financial Studies predicts that 77.4% of university graduates in the UK's class of 2017 will not repay their full student loan obligations. This is up from 41.5% just six years ago in 2011.

Source: In the UK, 77% of 2017 university grads will never fully repay their student loan debt