Branch2 Intelligence
Student loans were 'mis-sold' by Government, damning official report claims: Everything you need to know...
Key takeaway
Parliamentary committee orders reversal of student loan repayment threshold freeze, citing mis-selling.
- Step 11st-order: Parliamentary committee orders reversal of student loan repayment threshold freeze, citing mis-selling.
- Step 22nd-order: Graduates' disposable income increases as monthly repayments fall, boosting consumer spending in discretionary sectors.
- Step 33rd-order: Government borrowing rises to cover the repayment shortfall, putting upward pressure on gilt yields and SME financing costs.
Source: This is Money
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