Raising maintenance loans in England in line with forecasts, not actual inflation, could cause ‘significant hardship this winter’
England’s poorest students will be more than £1,000 worse off this academic year than the last, according to a new analysis that warns of “significant hardship for many this winter”.
According to the Institute for Fiscal Studies (IFS), the reduction – which means students from the poorest families will be £125 out of pocket each month – is due to the falling value of maintenance loans, which students take out to cover their living costs.
Raising maintenance loans in England in line with forecasts, not actual inflation, could cause ‘significant hardship this winter’England’s poorest students will be more than £1,000 worse off this academic year than the last, according to a new analysis that warns of “significant hardship for many this winter”.According to the Institute for Fiscal Studies (IFS), the reduction – which means students from the poorest families will be £125 out of pocket each month – is due to the falling value of maintenance loans, which students take out to cover their living costs. Continue reading…
