Graduates in England Face Decades of Paying Student Debt: Chart

Jeremy Corbyn inflicted an electoral blow on Theresa May last month by appealing to young voters with a promise to scrap university tuition fees if his opposition Labour Party won power. High fees and large maintenance loans mean students in England now graduate owing almost 51,000 pounds ($66,000) on average, according to the Institute for Fiscal Studies. Most will still be paying off student loans into their 50s and three-quarters will never clear the debt, the IFS analysis found.

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