student loans

Some Borrowers Are Moving Abroad and Abandoning Their Student Loans

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a group of young adults gathers at a bustling café in a foreign city, discussing their plans for relocation while glancing at their laptops and smartphones.

In the early 2000s, the expansion of student loan programs made higher education accessible to more individuals. However, this accessibility came with a caveat: the accumulation of debt. As tuition fees continued to climb, the average student loan debt also increased, leading to a generation of borrowers who are now struggling to repay their loans. … Read more

Urgent action required for student loans in England

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A group of students gathers outside a university building, holding signs and banners advocating for reforms to the student loan system in England.

In response to increasing public dissatisfaction, the UK government announced a review of the student loan system in early 2023, with Education Secretary Gillian Keegan emphasizing the need for a sustainable approach. This review aims to address the rising costs of higher education and the burden of debt on students, particularly as many graduates struggle … Read more