
University students and graduates aged 40 and under have nearly double the amount of non-student loan debt compared with those who did not attend university, according to Equifax (Chris Radburn/PA)
(Picture: PA Archive)Student loan interest rates will be slashed for the second time this summer as the Government has intervened to protect borrowers from rising inflation rates and cost of living.
The Department for Education (DfE) announced the cut of 6.3 per cent for the coming academic year.