Student Loans interest doubles

Interest on these loans is linked to the retail price index (RPI), a measure of inflation, and is calculated annually in March, but only implemented annually from September. Since March the RPI in the country has decreased. If this decrease was sustained it would only be reflected in September 2008&...

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Bibliographic Details
Published inDaily telegraph (London, England : 1969)
Main Author Abrahams, Alex
Format Newspaper Article
LanguageEnglish
Published London (UK) Daily Telegraph 08.09.2007
Subjects
Student loans
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Summary:Interest on these loans is linked to the retail price index (RPI), a measure of inflation, and is calculated annually in March, but only implemented annually from September. Since March the RPI in the country has decreased. If this decrease was sustained it would only be reflected in September 2008's interest rate.
ISSN:0307-1235