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UK: 80% of women graduates ‘won’t repay loan’ after tuition fees rise

Article here. Excerpt:

'Around four in five female graduates will never repay their student loan under the Coalition’s new tuition fees regime, it emerged yesterday.

An analysis of the student loan system shows that middle-income men who will finally pay-off their loan at the age of 47-50, will bear the brunt of the cost of higher education.

The figures show that between 70 and 80 per cent of women – up to 150,000 a year – will never repay their full loan, compared with 20 to 30 per cent at present. And when loans are written off, 30 years after graduation, the average woman will still owe £26,500.

Under the new regime, graduates will not have to pay off their loan until they earn £21,000 and women will not have to pay anything when they take time off to raise children.'


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