A worried prospective Leeds student has approached money expert Martin Lewis about the costs involved in taking out a student loan as costs are set to 'double'.
Martin Lewis announced today, February 2, that the cost of taking out a student loan is effectively set to double thanks to changes coming to the way the government lends the money and the rate at which you will have to pay it back, taking effect from this September.
Martin said that repayment is starting earlier and will be mandatory for longer, meaning students starting university this year will be hit with the 'seismic' increased costs.