Martin Lewis - MoneySavingExpert.com

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Last quote by Martin Lewis

Most graduates won't come close to repaying 6.1%. Not just for the obvious reason that the interest is only that high for those earning £41,000+. More potently it's because what you owe (your borrowing plus interest) doesn't change what you repay. That's fixed at 9% of everything earned above £21,000.feedback
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Jul 17 2017
We found 6 articles in which Martin Lewis said something. The most recent Martin Lewis’s quote is: “For most university leavers, the term 'student loan' is a misnomer – it should be renamed the more accurate term: a 'graduate contribution' system. That doesn't mean it's cheap or fair, simply that people would make better financial decisions if they focus on the fact they'll have to pay the equivalent of 9% extra tax above £21,000 for 30 years.”. In addition, all sources we refer have quoted Martin Lewis 11 times. On this page, you will find all of Martin Lewis’s quotes organized by date and topic.
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