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Tuition fee repayment earnings threshold to rise to £25,000

Theresa May announced change, along with a freeze in fee levels and review of student funding, at Tory party conference

Full article here – https://www.theguardian.com/education/2017/oct/01/tuition-fee-repayment-earnings-threshold-rise-to-25000

Extracts:

Speaking at the start of the Conservative party conference in Manchester, Theresa May announced plans to raise the income level that triggers student loan repayments for recent graduates in England from £21,000 to £25,000 a year.The government is also to freeze undergraduate tuition fees at £9,250 a year in England, and May announced a review of student funding to look at long-term issues, such as a return to maintenance grants and varying tuition fees for courses.

The government is also to freeze undergraduate tuition fees at £9,250 a year in England, and May announced a review of student funding to look at long-term issues, such as a return to maintenance grants and varying tuition fees for courses.Rising levels of student debt were blamed for the Tories’ poor showing among young voters at the last election, with average debts on graduation rising close to £50,000 for those who began studying in 2012.

Rising levels of student debt were blamed for the Tories’ poor showing among young voters at the last election, with average debts on graduation rising close to £50,000 for those who began studying in 2012.While the new policy does nothing to reduce the overall debt burden for students, it does mean that low-earning graduates will benefit immediately.

While the new policy does nothing to reduce the overall debt burden for students, it does mean that low-earning graduates will benefit immediately.The freezing of tuition fees also throws into chaos the teaching excellence framework introduced by the government in the last parliament, which rewards universities with good ratings by allowing them to raise fees.

The freezing of tuition fees also throws into chaos the teaching excellence framework introduced by the government in the last parliament, which rewards universities with good ratings by allowing them to raise fees.Despite the recent announcement that undergraduate tuition fees will be frozen at £9,250 per year England, this will still leave many students saddled with debt once they have completed 3 years of study at a University; a debt that doesn’t include additional loans associated with maintenance. There is an alternative, students can instead study

Despite the recent announcement that undergraduate tuition fees will be frozen at £9,250 per year England, this will still leave many students saddled with debt once they have completed 3 years of study at a University; a debt that doesn’t include additional loans associated with maintenance. There is an alternative, students can instead study Qualif’s Student Loan Company Advanced Learner Loan recognised level 4 and level 5 and then progress on to a final year Top Up honours degree programme available via our partner universities. Alternatively, learners can progression onto Qualifi’s Level 6 and Level 7 vocational related qualifications which have a Top Up to masters degree option. Loans associated with Qualifi qualifications are less than that associated with University hence there is a cost-effective way in which to gain a degree.