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MSE News: 'Lifelong loans' to launch in 2025 for those in England wanting to study later in life

in Student MoneySaving
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MSE_PetarMSE_Petar MSE Staff
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Part of the Furniture 10 Posts Photogenic Name Dropper
MSE Staff
People in England aged up to 60 who want to study, train or retrain will be able to access flexible student finance to help them do so from 2025, the Government has confirmed today. The new higher education loan scheme, dubbed the 'lifelong loan entitlement', will be worth the equivalent of four years of post-18 education.

Read the full story:
''Lifelong loans' to launch in 2025 to help those in England wanting to study, train or retrain later in life'

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  • silvercarsilvercar Forumite, Ambassador
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    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    Will miss it by a year! :(
    I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of
    1.1K Posts
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    I just think this is a total rip off. You are effectively given 40k for 4 years study and asked to pay a higher tax for life at a rate that is ridiculous. 

    I would contemplate doing this at 55 and retiring early and becoming a student, knowing full well I won't pay any back!

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