Cable Forum - View Single Post

jfman · 25-03-2025, 12:53

“Student debt” is always going to go up - there’s more students able to borrow more each year. Comparing the total figure year on year is pointless. The commercial interest rate plays a part in artificially increasing the number - the state itself doesn’t pay this rate. The more important question is how much of that outstanding today is realistically going to be repaid and whether funding the university sector is worth the difference.

Forecasts (yes, guesswork) put the number of students repaying in full at 65% for those starting in 23/24, up from 27% for the 22/23 cohort due to a rule change.

25-03-2025, 12:53	#32
jfman Architect of Ideas Join Date: Dec 2004 Posts: 11,146	Re: Student Loan Fraud. “Student debt” is always going to go up - there’s more students able to borrow more each year. Comparing the total figure year on year is pointless. The commercial interest rate plays a part in artificially increasing the number - the state itself doesn’t pay this rate. The more important question is how much of that outstanding today is realistically going to be repaid and whether funding the university sector is worth the difference. Forecasts (yes, guesswork) put the number of students repaying in full at 65% for those starting in 23/24, up from 27% for the 22/23 cohort due to a rule change.