The student finance system needs shaking up – for the sake of poorer students

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Students from the poorest households in England now graduate with the highest levels of debt. On average the poorest 40% of students owe around £57,000 after three years of study, compared with an average of £43,000 for students from the richest third of families.

This outcome is due to the way the student finance system is currently set up. First time undergraduate students can borrow money for both tuition fees and maintenance. But unlike previous years when students from poorer households were also entitled to non-repayable maintenance grants, since 2016 this has been…

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