Socialist Party
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18 October 2017

What we saw

Depressing yearly student loan statement - paid off 106 this year, but after interest total amount owed only gone down by 25.

Got the loan in 2001 for about 6,000. As you can see, after eleven years of almost continuous full-time work, I've not made a dent - as now owe more than that!

For my loan you only start paying it off when you earn over 18,000. So in my current job I won't be paying off any at all as I won't earn enough.

Many people will never pay back these loans. Scrap tuition fees and cancel student debts.

Amelia Bartrip, Waltham Forest Socialist Party



http://www.socialistparty.org.uk/articles/26311