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Liverpool Echo
Liverpool Echo
World
Lottie Gibbons

Martin Lewis warns of 'lifelong graduate tax' after changes to student loans

Martin Lewis

Martin Lewis has dubbed changes to student loan repayments as 'a lifelong graduate tax' that will affect people well 'into their 60s'.

Students starting university courses in 2023/24 will have to begin paying back their loans once they are earning more than £25,000, the Government has announced.

The threshold for new students starting courses will be set at £25,000 until 2026-27, whereas the current salary threshold for repaying student loans is £27,295.

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