UK postgraduate students are reporting high levels of combined undergraduate and master's degree loan debt, leading to concerns about a 'life tax' on graduates. The growing debt burden influences consumer spending, housing decisions, and may pressure policymakers to reconsider student loan terms. UK postgraduate students,Higher education institutions,UK government and loan authorities,Consumer advocacy groups Government review of postgraduate loan terms,Potential policy proposals to reduce interest rates or extend repayment periods,Increased scrutiny from regulators on loan affordability The Guardian reports that many UK master's students are facing a 'double loan' burden, combining undergraduate and postgraduate debt, which activists describe as a 'life tax'. The piece cites calls for reform of the student loan system to alleviate what borrowers say is an unsustainable financial load. It underscores the broader debate over the affordability of higher education and its impact on household finances.
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