Summary
The rate of interest charged by the Student Loans Company is set to drop from 3.1 per cent to 2.6 per cent from the beginning of September.
This is welcome news for the 2.6 million students who have outstanding loans totalling more than Pounds 10 billion and who can look forward to reduced debt.See the full content of this document
Extract
Interest Rate Cut 'but Loans Are Still a Millstone'
The Government-owned company says that each year, more than half a million borrow...
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