UK govt plans to ask Graduates to repay their students loans ‘once their salary hits £22,000’ Sunday 14 November 2021 10:57 AM UTC LONDON Nov 14: Student loans will have to be repaid back faster, under new government plans to make an extra £2.5billion a year, Daily Mail reports. Presently, student loans only have to be paid back if graduates earn £27,295 annually. But, under new plans, the salary threshold could decrease to £22,000 and force those on average incomes to pay an extra £475 to the Treasury per year. Number 10, the Treasury and the Department for Education are said to be in agreement that the threshold should be dropped to either £22,000 or £25,000. Lowering it to £25,000 would save the Treasury around £1.1billion for each new year of students whereas £22,000 would save £2.5billion. Read Full Article on Daily Mail CLICK TO FOLLOW UKMALAYALEE.COM Trending Topics World knew about Jallianwala Bagh massacre .. Priya Prakash Varrier signs Rs 1-crore deal .. Liverpool Malayalee Association to celebrate .. Nivin Pauly’s family entertraner .. Latest News Fight erupts between Keralite students at .. Keralites in UK raise record-breaking .. Asia’s richest person Mukesh Ambani is .. Ban Campus politics in Kerala: Justice Kamal .. Liverpool Malayalee Association to celebrate .. Nivin Pauly’s family entertainer .. The advantages of having NRO and NRE accounts What should British Indian OCI card holders ..