More (student loan) spending money if Labour win Election?

darrened

Hello there,

I'm starting a F/T MPhil/PhD in Film in Jan 2020 and have applied for the £25.7K loan. Tuition fees are £4.3K per year.

If Labour win the Election and scrap tuition fees, what would be the realistic timeline on this? And would that mean I then get to keep more of the loan?

Sounds like simple questions, but I've got a feeling there'll be a catch.

Cheers,
Darren.

darrened

My PhD doesn't start until Jan 2020, so I might still get something out of it. Thanks for the feedback.

What's an 'extension programme not to mention Brexit' entail?

Cash-Cows

It surprised me that Corbyn proposed to scrap tuition fees because the way the student loan system works the people this would benefit are the high earners.

darrened

How so, my friend?

JayRitchie

Higher earners repay their loans - or rather get hit with a tax bill each month. The lower paid do do pay anything.

badmemory

4 years of a 5 year term would be realistic - or not!