News by email Donate


Top Stories

Most Read

Popular Videos

students banner1.jpg
Church News

Student Christian Movement: ‘I think it will put people off’ students having to pay back university loans over 40 years

by Alex Collett

The government has announced students in England will have to pay back university loans over 40 years instead of 30, under swingeing reforms designed to save the Treasury tens of billions of pounds.

The number of students expected to pay back their loan in full, is expected to double, from under a quarter (23 per cent) to more than half (52 per cent) as a result of the changes,

This will see many graduates paying for their degree until retirement in what was described as a "lifelong graduate tax".

Trustee and LGBTQ+ Rep for the Student Christian Movement Louise Dover thinks it will put future students off applying to go to University.

Dover said: “I definitely think it will put people off. One of the sort of saving graces of this, at least for current and former students, is that it's only applying to students who are starting in September 2023.

“Whilst it only affects those wanting to go to uni, that's still a really significant change.

“Because people might be paying their student loans off until well into their 60s and depending on when around 18.

“So it's highly unlikely that a lot of people will even reach retirement age before they're able to pay off their loans.”

Dover also believes it’s important to be praying for future students: “I think it's really important that we pray for students that they'll be given kind of good guidance, information, or the kind of knowledge that they need.

“As well as the sort of comfort in knowing that what they want to do is a good thing, that going to university is still worth it.

“But also providing spaces for students to feel at home and going to university is not only expensive, it's also a massive change.

“So adding financial pressure on top of that can be really hard.

“So I think it's really important that we prefer students to have good information, knowledge, but also support as well.”

Continue the conversation on our Facebook page

A Monthly Gift Of $11 Makes A World Of Difference

In a world of fake news there’s never been a greater need for quality Christian journalism. Premier’s mission is to provide the Church with the most up to date and relevant news, told from a Christian perspective. But we can’t do it without you.

Unlike many websites we haven't put up a paywall — we want to keep our journalism free at the point of need and as open as we can. Premier’s news output takes a lot of time, money and hard work to produce. No one in the USA is sharing news like we are across radio, magazines and online so please help us to continue that today.

For a monthly gift of $11 or more we’d also be able to send you a free copy of the brand new Premier Bible, a wonderful Anglicised version of the NLT packed with exclusive bonus content, reading plan and resources to help you get the most out of scripture.

Your monthly support will make a world of difference. Thank you.

Support Us

Related Articles

Sign up to our newsletter to stay informed with news from a Christian perspective.

News by email