'Young graduates mistaken about student loan repayments'

NEARLY three in five young graduates wrongly believe they must start repaying their student loans as soon as they get any job, a report has suggested.

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A study, by the Policy Institute at King’s College London (KCL), and the Higher Education Policy Institute (Hepi) think-tank, reveals a number of misunderstandings about universities ~ including tuition fees and student debt.

The survey, of more than 2,000 adults in the UK in June, suggests that the public believes around 40% of graduates would not go to university if they could choose again.

But the actual proportion who say this is only 8% - as measured in a survey last year, the report said.

Many also misunderstand how student debt works, particularly young graduates themselves, it found.