Student finance

Is the new student loan system more progressive than its predecessor?

Published on 10 April 2014

Originally published in The Conversation on 10 April 2014

Nearly three-quarters of graduates will not clear their student loans before the end of the repayment period. This means the large majority of those who go to university aged 18 or 19 will still be paying off their loans well into their forties and early fifties. This article summarises a report published by the Institute for Fiscal Studies, and funded by the Sutton Trust.

Nearly three-quarters of graduates will not clear their student loans before the end of the repayment period. This means the large majority of those who go to university aged 18 or 19 will still be paying off their loans well into their forties and early fifties. This article summarises a report published by the Institute for Fiscal Studies, and funded by the Sutton Trust.

Authors

Claire Crawford

Claire Crawford

Research Fellow University College London

Claire is a Research Fellow at IFS, working on the determinants and consequences of participation in childcare and education for parents and children.

Wenchao Jin

Wenchao (Michelle) Jin

Research Associate

Wenchao is an Assistant Professor at the University of Sussex and an IFS Research Associate.