UK government caps student loan interest rates at 6%

Minister says change for plan 2 and 3 loans in England and Wales will ‘protect borrowers’ from impact of global conflictUK politics live – latest updatesThe interest rate on plan 2 and plan 3 student loans will be capped at 6%, the Department for Education has announced.Graduates with plan 2 loans currently pay interest rates based on the retail price…

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