What the interest rate cap on student loans means for graduates

Decision to cap rate at 6% from September is unlikely to defuse row over crippling cost of debt

Full story: UK caps interest rate on student loans

The government has announced a small concession for millions of university graduates with “plan 2” student loans.

However, the decision to cap the interest rate charged at 6% from September is unlikely to defuse the row over the crippling cost of degree course debts.