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The Independent UK

Rebecca Thomas

Student loan architect calls for graduates to pay less interest

Nick Hillman Rachel Reeves Office for National Statistics

One of the architects of the student loan system has said that interest rates should be lowered as debate over the loans intensifies.

Nick Hillman was a special adviser to former universities minister Lord Willetts when tuition fees tripled under the government’s “Plan 2” loans, which were created for graduates who started university between 2012 and 2023.

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