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Theresa May ‘looking to ease student debt burden’

Prime Minister Theresa May is trying to find ways to appeal to younger voters who backed Labour over her during the general election.

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With her party’s annual conference just weeks away, May is looking at proposals to change the formula through which many graduates pay interest rates of more than 6%, more than double the inflation rate, according to the Sunday Telegraph

She is also considering a plan to name and shame universities that charge high fees but fail to improve students’ earning potential, the newspaper said.

A No 10 source described the report as “pure speculation” but May’s close allies have this summer voiced concerns over student debt and higher education.

Qualifi can offer an alternative to going to University, namely study locally and via a blended learning model in order to obtain vocationally related qualifications of equivalent level to Honours and Masters degrees. In addition Qualifi Level 5 qualifications allow successful learners to progress on to final year University Honours Degree and those gaining a Level 7 Qualifi qualification can progress on to the final year of a Masters degree. Qualifi L3, L4 , L5 and L6 qualifications are recognised by the Student Loan Company for Advanced Learner Loans. These alternative routes provide a better value proposition than the current £9,250 per annum tuition fee levied by the majority of universities in England and Wales. Mr Goodyear invites prospective HE students to carefully Qualifi’s alternative pathways to a degree and/or masters; a means of avoiding high levels of debt.