What Andy Burnham needs to do about student loans | FT #shorts
Higher-earning graduates can end up keeping just 29p of every extra £1 earned once tax and student loan repayments are taken into account.
The FT’s consumer editor Claer Barrett (@claerb) speaks to @abigailrosefoster about why she believes the current system is becoming a ‘tax on ambition’ and why the UK’s new prime minister should deliver policy changes that help graduates.
Claer and Abi will be debating ‘How do we fix the finances of Gen Z?’ at the FT Weekend Festival on Saturday September 5 in London.
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