The perils of repaying your student loan early | FT #shorts

Would you take the gamble of repaying your student loan early to save on interest charges? ⁠ ⁠ Figures from the Student Loans Company (SLC) show loan overpayments have jumped in recent years as graduates try to free themselves of the burden of their growing debt. The decision at the last Budget to freeze thresholds is the latest retrospective change to loan terms that have led MPs to describe the system as 'broken and unfair', explains the FT’s Claer Barrett.⁠ Follow this link for more: https://www.ft.com/content/49eca17a-3b4e-46e0-8691-417f679cc6b0?syn-25a6b1a6=1 #shorts #shortsvideo #shortfeed #shortsviral #shortsyoutube #shortsvideos ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram: https://www.instagram.com/financialtimes ► Follow us on Instagram: https://www.tiktok.com/@financialtimes