On: Unshackle the Middle Class

[hipsters_unite]

Yes, but £27,000+ minimum of debt for an undergraduate degree is still a lot of money. Plus cost of living is very high for most places in the UK where there's lots of employment to be found.

[lmm → hipsters_unite]

It's not a #27000 debt in any meaningful sense. It's a slightly higher tax rate and some smoke and mirrors.

[cmdkeen → hipsters_unite]

To make it clear you repay at 9% of your income above £21,000, and get a year's grace just after graduating.

There are no consequences to failing to pay it back if your income is below £21k.