Labour leader says fast turnover of staff is ‘really bad for running the country because it leads to lack of strategic thinking’
Forty-nine people have accrued a combined £10m in UK government-backed student debt, according to figures obtained through freedom of information requests by the BBC. The FOI showed that by the end of April this year, 49 people owed the Student Loans Company over £200,000 each, with the highest recorded total of £252,000. Some 61,000 people each owed more than £100,000. Nearly 1.
8 million current or former students owed at least £50,000 in tuition and maintenance loans and interest, the FOI revealed. The government’s most recent figures show that the average outstanding balance for graduates in England was £48,000 in 2023-24. The SLC said people with high balances “may be in receipt of several student loan products”, such as loans for further education courses, combined with funding for undergraduate, postgraduate master’s and PhD-level courses.
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