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Martin Lewis issues student loan advice amid interest rate news

Summary by Ground News
The Bank of England has kept its interest rate unchanged for the first time in almost two years. Rises in interest rates have seen borrowers pay more each month to pay off whatever they have borrowed. However, the way the BoE interest rate figure affects academic loan repayments is more complex. Tuition fees are the headline costs of going to university.

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Wales Online broke the news in Wales, United Kingdom on Friday, September 22, 2023.
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