Thousands of graduates have told a parliamentary inquiry that they did not know what they were signing up for when they took out student loans.
The inquiry launched by the Treasury Committee is examining whether repayment terms are ‘reasonable’ for students after graduation.
More than half of the 52,000 people who responded to the committee’s call for evidence said they did not understand what they had signed up for – and 45,843 argued the repayment terms are unfair.
Some 25,191 of the respondents, meanwhile, said they would not take out a student loan if they could have their time again. That’s despite most
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