Economy & Money
‘Basically you’re trapped’: UK postgraduates burdened with double loan debt
Calls for reform to student loan system as those studying for a master’s can be left with ‘a life tax’ Whether to pursue a master’s degree was not really a choice for Francesca Peters. Fresh from an undergraduate degree in biochemistry in 2020, she had set her sights on securing her dream job. There was a catch, however. The only route into her chosen field was further study – and more debt. She had finished university with more than £60,000 in student debt but another loan to fund her master’s meant this spiralled to £77,000. “It just feels like a life tax,” she says. “Because I’m never going
This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.
Read full coverage at Business | The Guardian →