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University student 'loans' to be called 'contributions'.

University student 'loans' to be called 'contributions'.

The Universities Minister Jo Johnson has finally agreed that student loans should be called 'graduate contributions', after being challenged on the point by MoneySavingExpert.com founder Martin Lewis.

At a Conservative party conference fringe event today, organised by MoneySavingExpert and titled 'Are student loans broken?', Martin and Mr Johnson debated how the current system could be fixed if we stick with it. The debate followed the announcement at the weekend that the student loan repayment threshold will be raised to £25,000.

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