
I owe 115 000 How debt is trapping uni graduates as student loan interest rates are capped at 6
Millions of students are facing a debt of more than £50,000 -- with some left owing more than £100,000 - after studying at universities across England. And for those unable to keep up with the interest, the debt keeps climbing.
It comes as interest rates on plan 2 and 3 student loans will be capped at 6% from September.
In our latest episode of Sky News Explains, Olive Enokido-Lineham takes a forensic look at the reality facing a generation trapped in debt from student loans and asks where does the money go?
#studentloans #debt #uk #finance
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