£200 loan in October for energy bills turned into a grant and doubled to £400.
Those on benefits will get a one-off payment of £650
Disabled get £150
Pensioners £300.
£15bn in additional support bringing total to £38bn.
The bulk of the changes are not retrospective and will not effect graduates that are already working or current students - there is one that will effect the threshold on plan 2 loans which will increase the total amount payable, but on that basis and for the purposes of a discussion on the cost...
Yes of course it does but that is an entirely different issue to the cost of living crisis. It is a fixed cost, unless they change their salary, therefore one easily budgeted for, not one that can fluctuate daily.
Yes, I know that, but then they will know what repayments they will make when they get a certain job and cut their cloth accordingly, I would hope, which is what everyone has done student loan or not. And don't forget, if they lose their job they will not pay anything until they get another one...
You misunderstand - only 25% of students will repay their loan in full, hence the interest charged is only relevant to them. Someone earning 27k a year will not repay a student loan in full.
I'm not sure what 49k has got to do with anything when it comes to student loans? The point I was making is that the interest rate charged is only relevant if you earn enough to fully repay a student loan with interest. It is estimated that only 25% of students will do that, so one would have to...
We need 5/10/20/30/40/50 year plans which involve us moving eventually to renewables and other green energy but loses our reliance upon foreign oil and gas in the meantime. Lots of oil and gas in the North Sea apparently plus we have the option of nuclear. Short term though we have to have our...
All homes will get a £200 discount in October, payable back over 5 years through customers bills.
Council Tax rebate on households in bands A-D in April.