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Wales Online
Wales Online
Ruth Ovens

Martin Lewis explains new student loan repayment scheme on Money Show

Finance expert Martin Lewis has spoken about the biggest changes to student loans in England in 50 years on the latest episode of his ITV show.

Speaking on the Martin Lewis Money Show, he said the new changes coming into force from 2023 will essentially be a lifelong graduate tax.

You only repay if you earn over a threshold however this is dropping from £27,295 to £25,000 for people starting uni from 2023.

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