SIR – Your article ‘Warning of Cost of Student Loans’ (T&A, May 6) made for interesting reading.
The trebling of university tuition fees by the Coalition Government to £9,000 in 2012, which was meant to ease the burden on the public purse of the cost of higher education, has actually had the opposite effect.
The report by the Institute for Fiscal Studies states that 43 per cent of graduates are not earning enough to repay their loans, thus costing the taxpayer more money. So not only are university graduates going to be saddled with debt for years to come, the taxpayer is going to end up picking up a large part of the bill.
Those responsible for this sorry state of affairs will at some stage have to face the electorate and will hopefully be held to account for their actions. The scheme did not make sense educationally, now it is clear that it doesn’t make sense economically either.
Frank Dignan, University Law Lecturer, Emm Lane, Bradford
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