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July 14, 2017 03:59 pm PDT

In the UK, 77% of 2017 university grads will never fully repay their student loan debt

Because of the UK's dramatic shift from student grants to loans, a startling report from the Institute for Financial Studies predicts that 77.4% of university graduates in the UK's class of 2017 will not repay their full student loan obligations. This is up from 41.5% just six years ago in 2011.

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