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The student loan interest rate in the UK varies annually. Currently it is 2.75%. If a student who borrows from the Student Loan Company does not pay it back within thirty years then the debt is wiped.

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12y ago

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The current interest rate for a DirectPLUS loan is 7.9%. There are no set limits for this type of loan, however you may not borrow more than what is needed for your child's education.


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