Plan 2 student loan interest rates capped at 6% in England
The cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.
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This is good news for students but honestly feels like a band-aid when the real problem is how expensive uni is in the first place!! We need actual tuition reform, not just capping interest rates.
Finally somebody doing something smart for once, Trump would've done the same thing honestly.
Good move but let's be real, this should've happened years ago when tuition got completely out of hand, we're just playing catch-up now.
Glad they're doing this but 6% still feels like charging people rent on their own education, just slower.
Me like this, help young people not get crushed by debt like old system. Me MAGA Me Big Brain, even good policies not just American thing.
About time, young people shouldn't be buried in debt before they even start their careers.
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At least someone's thinking about making college affordable, though I'd rather see them cut the bloated administrative costs instead of just capping interest rates.