The UK is the most expensive country in the world to receive a degree, costing £9,012 a year on average. The government write off of unpaid loans after 30 years went from 30% to 45% in 2014. The burden of this 50% increase in costs of loans costing an estimated £2.2 billion per year will fall entirely on taxpayers.

The UK government has announced it plans to sell £4 billion of student loans through securitisation. Student loan debt has doubled since 2011, and we may be seeing the beginning of a shift towards the USA model of using private finance for loans.

However, simply cancelling the student debts instead could have major benefits for the economy. It could boost real GDP, create new jobs, and make the economy more stable.

We’ll be showing a few videos and having a Q&A to show how a fairer education system works for all of us. Please come along and feel free to invite your friends who might be interested too. Everyone is welcome!