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Lucy Powell Targets Student Loan Crisis | Leeds News
New Education Secretary Lucy Powell has slammed the student loan system as “egregious,” calling for urgent reform as graduates struggle under the weight of soaring debts fueled by inflation. She’s made tackling unfair repayment terms her top priority, highlighting how frozen thresholds and inflation-linked interest rates — especially for loans taken out between 2012 and 2023 — are forcing many into years of financial strain. While the government recently capped interest at 6% to ease pressure, Powell insists deeper structural changes are needed. Beyond loans, she’s pushing for a more…
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