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The British system is an interesting twist on it, government loans pay for the majority of people to go to university, then the loans are subject to interest at
by reubensutton 13y ago
The British system is an interesting twist on it, government loans pay for the majority of people to go to university, then the loans are subject to interest at the rate of inflation, and are repaid at 9% of your pre-tax earnings over £15000 per year. So, if you earn £25000 a year, you repay £900 a year.