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Largest debt amassed by student in England is £189,700
Student Loan Company reveals ‘exceptional case’ after Freedom of Information requestThe largest amount of debt amassed by a student in England is £189,700, according to official figures as research warns of the severe “psychological toll” that high levels of student debt is taking on graduates.The Student Loan Company said the £189,700 figure was “an exceptional case” and was possibly accrued over loans for several courses, for instance because the person had undertaken postgraduate study or dropped out of multiple courses, according to a response to a Freedom of Information request.However, when the FOI response was published on Reddit, it prompted an outpouring of comments from graduates citing student debts around the £100,000 mark, including those who had studied five-year medicine degrees, postgraduate courses or who had switched courses or institutions. Continue reading...
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Largest debt amassed by student in England is £189,700
Student Loan Company reveals ‘exceptional case’ after Freedom of Information requestThe largest amount of debt amassed by a student in England is £189,700, according to official figures as research warns of the severe “psychological toll” that high levels of student debt is taking on graduates.The Student Loan Company said the £189,700 figure was “an exceptional case” and was possibly accrued over loans for several courses, for instance because the person had undertaken postgraduate study or dropped out of multiple courses, according to a response to a Freedom of Information request.However, when the FOI response was published on Reddit, it prompted an outpouring of comments from graduates citing student debts around the £100,000 mark, including those who had studied five-year medicine degrees, postgraduate courses or who had switched courses or institutions. Continue reading...
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