Student loans ‘heading for trillion pounds’

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The tuition fee system for England's universities is ripping off students and giving taxpayers poor value for money, says a parliamentary committee.

The House of Lords economic affairs committee says it found evidence the student loan book would grow to over £1 trillion over the next 25 years.

The committee attacked a "deeply unfair" system of fees and loans.

But the Department for Education said its review of fees would "make sure students are getting value for money".

This hard-hitting report accuses the government of using…

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