UK minister defends changes to student loans as criticism mounts

https://www.theguardian.com/money/2026/jun/10/uk-minister-defends-changes-to-student-loans-as-pressure-grows-for-reforms

9 points · 2 comments · view on lemmy.world

2 Comments

martini1992@lemmy.ml · 6 pts · 77d

She said that, for most people who want to go to university, “you couldn’t get a commercial loan because you don’t have the credit history, you don’t have the collateral, you certainly wouldn’t be able to get something which you could write off if you don’t hit certain repayment thresholds”.

So exploiting people who have no choice then, nice.

Semjeza@fedinsfw.app · 1 pts · 76d

Could always just do away with loans and make higher education free for the users.

This paid method hasn't really helped much, has it and now if they're saying the loans are going to loose too much money... Why not cut out the middle steps and just fund universities?