Posts Tagged ‘Martin Lewis’

Financial Expert Martin Lewis to Challenge Osborne on Student Loans

December 16, 2015

This is interesting. There’s a piece in today’s I newspaper reporting that the financial expert Martin Lewis is preparing to issue a legal challenge to the government over the age at which former students must begin repaying their student loans. The I reports

Money saving expert Martin Lewis has hired lawyers to challenge student loan repayment rules. George Osborne froze the salary at which graduates must start repaying at £21,000 until 2021 despite promises it would be increased in line with earnings from 2017. Mr Lewis will try to overturn this.

I think Lewis has his own show on ITV. Ideally, the whole rotten system of student fees and loans ought to be scrapped, but I can’t see any government actually having the guts to do this. Not after Bliar and Cameron have done their level best to make higher education a fully fee-paying industry, with all the advantages that brings to the financial sector. But it’s a start.