Advertisement

  1. National

Majority of students 'to still be paying back loans in their 50s'

The vast majority of students will still be paying back university tuition fee loans when they are in their early 50s, and many will never repay their debt, according to research.

View all 4 updates ›

Most students 'will be paying back loans in their 50s'

A majority of students will still be paying back university tuition fee loans when they are in their early 50s and many will never repay their debt, new research suggests.

University students celebrating their graduation. Credit: Chris Ison/PA Wire

Almost three-quarters of graduates will have at least some of their loan written off, The Sutton Trust commissioned study said.

The findings showed that the new student finance system, implemented in 2012, could leave some people vulnerable who are trying to cover loan repayments at a time when family costs are high.

More top news