As someone who has had and paid off a student loan, I know the system can work, and make things attainable that otherwise wouldn't be. I also know some people try to use the system to their advantage and not for what it was intended.
With economic conditions demanding fiscal prudency and burgeoning student debt, it is understandable the Government would want to limit the amount lent and also recoup loans as quickly as possible.
But further disadvantaging those who are already battling hardly seems a good solution. It will be interesting to see, when the changes are fully explained on May 24, how the Government intends to mitigate any deterrent effect they may have.
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