The Guardian – Abby Young Powell and Suzanne Bearne
“A government report has recommended slashing tuition fees and bringing back maintenance grants. This might sound like cause for celebration, but it won’t mean much until the changes are implemented. Even then, students would actually pay more to go to university, says Martin Lewis, from Money Saving Expert. The amount you owe in tuition fees is irrelevant because most people never pay it back in full, he says. But the government’s Augar review proposes increasing the loan repayment period from 30 to 40 years, so students will likely end up paying more overall.” (more)