Student loan crisis in England and Wales is a scam on graduates, say MPs

Labour backbenchers turn on Rachel Reeves as MP claims former students are stuck in a loans ‘Hotel California’Angry backbench Labour MPs have attacked ministers over the student loans crisis, saying graduates are being “outrageously scammed”.During a Commons Westminster Hall debate on Wednesday, several Labour MPs joined calls for an urgent shake-up of the “unfair” system, with one describing it as “an absolute dog’s dinner” and another likening the terms to something that a “loan shark” would offer. Continue reading…