Graduates will be hit by a “ tax rise by stealth ” after the Government announced that it intends to freeze the repayment threshold for student loans. Currently, graduates have to start paying off their student loans when they earn £27, 295 a year and this figure usually rises in line with inflation each year. However, Michelle Donelan, the universities minister, said this would be frozen for a year, meaning graduates would be “ hit in the pocket ” to the tune of around £150 per year. The Instit
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2022-01-29 00:00:00.0