Student Loans

Millions of graduates will soon have to repay much more of their loans than they were initially told after the Government secretly backtracked on a promise – a move MoneySavingExpert.com founder Martin Lewis has branded "a disgrace".

Today's Autumn Statement saw Chancellor George Osborne announce a raft of cuts and giveaways to balance the Government's books. However, as a MoneySaving website and consumer champion, we've focused on the key changes that will affect you.

Worried former graduates whose loans are owned by Erudio have taken to our forum to raise questions about when their loans will be wiped, whether they can pay them off early, and the impact this will have on their credit files. We answer these questions below.

Tens of thousands of Erudio customers will begin to have interest applied to their loans after it was initially frozen last year following an investigation into historic paperwork issues.

Tens of thousands of graduates have overpaid their student loans by a collective £45.4 million, new data reveals. We explain how you can get your money back below.

Millions of g raduates will pay less interest on their student loans from September, while more people with a pre-1998 mortgage-style loan will qualify to defer theirs from then too.

Chancellor George Osborne has today said he will scrap university maintenance grants for new English students and replace them with an enlarged maintenance loan, though according to Martin Lewis, the impact is likely to be more psychological than practical for many.

MoneySavingExpert.com creator Martin Lewis gives his instant reaction on the announcements made in today's Summer Budget.

What would you tweak about the UK? Your first instinct may be 'a flat rate of income tax', 'independence for Cornwall', or 'free university education for all'. Yet I'm not talking about big contentious change – this is about quick fixes for life glitches.