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Readers share concerns over student loan debt and university costs

Letters to a newspaper highlight significant student loan debts and question the value of current higher education funding.

  • One individual reported a student debt of £70,000 after multiple courses.
  • Concerns were raised about the £1,500 annual interest added to one person's loan.
  • One reader suggested that approximately £24bn is paid out yearly in student loans, with only around £5bn returned in repayments.

Readers have expressed concerns regarding student loan debt and the current system for higher education funding. One individual, who attended university in 2012, reported a total student debt of £70,000 after completing a law degree, a bar course, and a legal practice course.

This individual, now a solicitor, stated that £1,500 is added in interest to their loan each year, while monthly repayments are £150. They indicated that they would encourage an alternative route to higher education for their son.

Another reader suggested that the current system sees around £24bn paid out yearly in student loans, with only about £5bn returned in repayments. They argued that this system disproportionately affects working-class and middle-class young people.

Further concerns were raised about midwifery students paying £9,750 per year despite a recruitment crisis, and the perceived lack of desirability of some digital marketing degrees by employers.

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