Publication Source

The number of graduates owing more than £100,000 in student loans has gone up by more than 3,000 per cent in a single year.

High interest rates and flat wages are thought to have contributed to the rising debt, with 6,531 British graduates now having six-figure balances.

This is an increase of 3,166 per cent compared with last May, when 200 graduates owed that much.

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