Nearly three-quarters of graduates will not clear their student loans before the end of the repayment period. This means the large majority of those who go to university aged 18 or 19 will still be paying off their loans well into their forties and early fifties. This article summarises a report published by the Institute for Fiscal Studies, and funded by the Sutton Trust.
Authors
Claire Crawford
Claire is a Research Fellow at IFS, working on the determinants and consequences of participation in childcare and education for parents and children.
Wenchao (Michelle) Jin
Wenchao joined the IFS in 2010 as a Research Economist in the skills and education sector.
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