Using RPI to set student loans will cost graduates up to £5,000 more, says TUC

The government’s refusal to change the interest rate on student loans from the retail prices index (RPI) to the consumer prices index (CPI) – despite already doing so for key benefits, tax thresholds and public sector pensions – will leave graduates thousands of pounds deeper in debt, the TUC warns today (Tuesday).
To see the full press release go to: http://www.tuc.org.uk/