The Student Room Group

UK domestic fees - will they go up next year?

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Reply 40
Original post by ridwan12
Cross party business committee did it, not the government itself. Although yes technically it is part of the government. The government has done nothing to plan for it, even when the committee has warned them.

Ofcourse not every body pays it back but the level of default is going to soar to 50% making the 9K system more expensive in the long run when it was meant to save money.


I can't see how it'd be more expensive.

The 50% is people who don't pay off the loan right? Thats with tripled fees and massively higher interest charges and five years longer in repayment. I don't see how even with a 60% 'default rate' that'd bring in less overall than £3k fees with a slightly lower threshold.

Happy to be enlightened.

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