Financial expert Martin Lewis is urging UK graduates to check if they are owed hundreds of pounds after a flaw in the student loan system has led to millions overpaying.
According to the consumer champion, at least five million individuals may have been affected by historic overpayments, with over a million of those occurring in the 2024/25 tax year alone. The issue is not due to miscalculation of interest or employer error, but a simple yet costly discrepancy in how the automated payroll system operates.
