Nobody else picking up on this? It will affect practically everybody who has been to university in England in the past 20 years... In a nutshell, the government commissioned Rothschilds, the investment bankers, to advise them on how to sell off student loan debts. Rothschilds answer was to change the terms to of the loan so the interest is charged at a higher commercial rate, currently around 6% I believe, and payable over a longer period of time, so you'll pay more. Osborne et al are also considering dropping the salary threshold at which loans become payable from £21k to £18k.
I utterly despise this government of millionaires, for millionaires. Contemptable, lying, corrupt & greedy cunts, every single one of them.
More here -
http://www.guardian.co.uk/commentisf...rational-theft - and here -
http://www.guardian.co.uk/commentisf...graduates-risk