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Evening Standard
Evening Standard
World
Sami Quadri

Tory MPs call for action on ‘outrageous’ 12% interest rate rise on student loans

IFS

(Chris Radburn/PA)

(Picture: PA Archive)

Senior Conservative MPs have warned “outrageous” interest rate rises on student loans could put young people off from going to university.

Two former Tory ministers called for the government to take immediate action in a bid to curb rises amid fears some graduates could be hit with rates of up to 12 per cent.

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