Thread: Student Loan
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Old 26th June 2008, 06:48 PM
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Re: Student Loan
In 05, 06 & 07 the interest rates were 2.6%, 3.2% and 2.4%; what's with the jump up to 4.8%?

As you know, S31, I actually agree with the loan system but that interest rate is starting to move away from being justified and more towards being heavy. Is it because the base rate has gone up? What is the deciding factor in the rate changes, it is the baser rate isn't it?

Can you tell I can't be arsed digging the info out myself?
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