Reposted by Ben Messer
£99987 and counting: graduates trapped by student loans.
Govt froze repayment threshold. By 2030, be at minimum wage.
At the margin grads pay 20% inc tax + 8%NIC +9% repayment. Insane.
Loan increases, if not repaid.
Grads can't buy home, start family/business.
Abolish Uni fees. Write-off debt.
theguardian.com
£99,987 and counting: graduates trapped by ballooning student loans
As their debts rise, graduates reveal how loans are reshaping careers, finances and faith in the system