Students starting university courses in 2023/24 will have to start paying back their loans once they earn 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.
The Government said this would mean that a graduate earning £28,000 would pay back £17 a month.
