Andrew Ducker (andrewducker) wrote,
Andrew Ducker
andrewducker

Can someone explain something to be about the student loans?

There have been a few stories in the newspapers today, centered around the new Student Loans system not bringing in as much money as they hoped, because people aren't paying them back.

But those new student loans would only have been taken out starting in 2011, which means that the first people to have taken them out wouldn't actually have graduated yet, and the chances of many of them earning more than £21k (the lower limit to start paying them back) is extremely low.

So I can't see how the non-repayment issue can have anything to do with the changes.

What am I missing?



Original post on Dreamwidth - there are comment count unavailable comments there.
Subscribe

  • instagram cross-post

    Jane is having a very well deserved nap, and so I am, for once, colonised by the livestock. Original is here on instagram. Original post…

  • Interesting Links for 28-02-2021

    Single Covid case puts New Zealand's largest city Auckland back into lockdown (tags: pandemic newzealand ) Do you like it when things in your…

  • instagram cross-post

    Sophia (middle of shot, hurtling into the distance) has just noticed the return of the ice cream van. I swear you could hear her excited yell…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

  • 25 comments

  • instagram cross-post

    Jane is having a very well deserved nap, and so I am, for once, colonised by the livestock. Original is here on instagram. Original post…

  • Interesting Links for 28-02-2021

    Single Covid case puts New Zealand's largest city Auckland back into lockdown (tags: pandemic newzealand ) Do you like it when things in your…

  • instagram cross-post

    Sophia (middle of shot, hurtling into the distance) has just noticed the return of the ice cream van. I swear you could hear her excited yell…