Government Minister defends student loan system | LBC Debate скачать в хорошем качестве

Government Minister defends student loan system | LBC Debate

In a ranging interview, Lewis Goodall challenged Labour's Housing Minister Steve Reed over the student loans system. 0:00 - Andrew and the Epstein files 05:50 - Labour's leasehold reform 11:00 - Student loan debate The Chancellor Rachel Reeves previously told LBC the student loan system is "fair" - despite mounting fury at graduates' debt interest spiralling. 5.8 million people who took out a student loan between 2012 and July 2023 are on a Plan 2 repayment plan, which sees interest at RPI inflation - plus up to three per centage points depending on earnings. In contrast, people with loans on ‘Plan 1’ before 2012, pay interest at RPI or the Bank Rate plus one percentage point - whichever is lower. Tuition fees were tripled to around £9,000 at around the same time, meaning most students were forced to take out big loans to fund their higher education - unless they could afford to pay upfront. Listen to the full show on the all-new LBC App: https://app.af.lbc.co.uk/btnc/thenewl... #lewisgoodall #andrew #students #debt #uk #politics #news #debate #LBC LBC is the home of live debate around news and current affairs in the UK. Join in the conversation and listen at https://www.lbc.co.uk/ Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup