00:00There's not an issue in principle about being asked to pay for an aspect of your education,
00:04but the way in which these loans have been structured is not right, and that's why Kemi
00:08is looking at this, because we've identified a particular cohort for the Plan 2 loans where
00:13the interest is increasing and the size of their loan is increasing, despite them actually
00:18making pretty substantial payments. That is causing them to effectively run on a treadmill
00:22of their student loan. I mean, a large number of people will have their loans written off
00:26after 30 years because they were not able to earn enough to clear them. It's this cohort
00:31in the middle that are particularly being squeezed in the way that the loan is structured, which
00:35is why Kemi is centred on this as something that we think we need to grip and put pressure
00:39on the government to solve, because some changes were made at the budget that made that system
00:43even more difficult for people, and we think that this needs to be something that is gripped
00:47immediately so that that cohort is not put in such a disadvantageous situation.
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