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£16m in student loan debt written off for ‘unfit to work’ graduates

This amount is likely to soar as more graduates repay higher tuition fees, which now stand at £9,535 An imminent U-turn is expected on Plan 2 student loans after a groundswell of anger over the salary threshold and interest rates, which have seen graduates’ debt growing by more than their repayments. Rachel Reeves announced last year that the govern... [4372 chars]

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