Tell your MP to fight disgraceful retrospective student loan hike
It’s against all forms of natural justice and good governance. The Government, without asking Parliament, has changed the terms of student loans, long after many students signed up to them – indeed some had already graduated when they did it. More than 130,000 people signed a petition forcing a parliamentary debate on this hike that will cost...
The viral letter about mis-sold student loans due to retrospective interest hikes is well meaning, but wrong
The papers are full of an angry letter from recent graduate Simon Crowther to his MP, which has been shared over 20,000 times, complaining about retrospective hikes to student loan interest. The letter is well meaning and does a good job in raising awareness. It’s been in all the newspapers, and indeed in articles in Huffington Post and...
Student loan hike: Meeting with Universities Minister to propose mitigation measures
Student loan repayments are being retrospectively hiked from April 2017 – so 100,000s of students and graduates who started uni since 2012 will pay more than they signed up for. In my view, this is against natural justice. So, I’ve been campaigning on it, and today had a meeting with Jo Johnson, Universities Minister, to come up with...
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Recent Blogs
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Martin Lewis: Is it unfair to charge loyal customers more?
19 November 2018
Should loyal customers be charged more than new ones? On the surface the answer is a simple no – but nothing is that simple. Many consumer marketplaces function because only some people embrace competition, and we need to work out what happens if we change that -
Martin Lewis: Are you an overdraft prisoner? How to escape it
9 November 2018
The old adage - that banks will lend you an umbrella when the sun shines, and ask for it back when it rains - feels like a modern reality for many with overdrafts -
Martin Lewis: How much should you save for your kids to go to university? (VIDEO)
6 November 2018
This is a warning for parents of all teenagers. Now over 50% of our young people go on to university. And while you commonly hear that you don’t need to pay for that upfront, it’s no longer true, there is a hidden parental contribution
