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"This is the second division of second class degrees and is abbreviated as 2:2 (pronounced two-two). This is generally the lowest level of degree with which a graduate can go on to postgraduate programmes (although not usually in medical or natural sciences) or graduate recruitment schemes of major companies."

Usually it means between 50 and 60 percent average, but that can be a bit different depending on university.
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Q: What does a second class lower division degree mean?
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