UK MPs launch inquiry as debt fears rise over the value of degrees
TL;DR
England’s Treasury Select Committee begins a formal inquiry into the student loan system as graduates and experts urge reform of Plan 2 loans, amid public concern that university degrees aren’t worth the cost. A British Social Attitudes survey shows 34% now think higher education isn’t worth the time and money, up from 14% in 2005, while critics warn that rising interest and a frozen repayment threshold threaten long-term financial security, and the government defends protections for lower earners and capped interest, calling for broader reforms.
Topics:worldeducation#degree-value#education#parliamentary-inquiry#repayment-threshold#student-loans#uk-education
- Third of people say uni degree not worth it, as student loan inquiry begins BBC
- Shrinking graduate premium sours views on value of a university education, UK poll shows The Guardian
- The proof that a generation was misled over student loans The Times
- Confidence in the value of a degree hits record low in England Financial Times
- I still owe £64k in student loans – and I don’t regret a thing The Independent
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