Student loans: the real cost could be £40,000 more than official estimates

A damning report has warned that the Government has severely underestimated the cost of funding a university degree with a student loan, the Telegraph reports. The analysis, compiled by RedSTART – an education arm of the consultancy firm Redington – claims the Government’s mathematicians have used “outdated” sums to calculate the size of repayments graduates will make on student loans taken out after 2012.

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