this post was submitted on 04 Nov 2024
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UK Politics

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[–] tankplanker@lemmy.world 4 points 3 days ago (1 children)

Are they going to put up the maintenance loan up as well? Or at least moved the threshold for when ti starts cutting off to account for fiscal drag?

I get that the student loan book is wildly out of control, but it just becomes ladder pulling if you don't address funding for those at or near the bottom of the ladder.

The proper way to address the student loan books' massive gap between what will be paid and what won't be paid back is to significantly reduce student places. It's hugely unpopular, but this debt time bomb can't just be left to fester while they tinker round the edges.

[–] GoldenFigApple@feddit.uk 2 points 2 days ago (1 children)

I read in the Financial Times that maintenance max. is to go up by £450

[–] tankplanker@lemmy.world 1 points 2 days ago (1 children)

Are they adjusting the thresholds as that's the worst part of it?

[–] GoldenFigApple@feddit.uk 2 points 11 hours ago (1 children)

For qualifying for it? No, I don't think so.

[–] tankplanker@lemmy.world 1 points 9 hours ago

Oh that sucks as it starts to kick in for two parents both on full time min wage.