The Best Way to Handle UK Student Debt

In this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek answer a question from listener Hugo. He’s in his twenties and wondering what financial strategy graduates like him might find the most rewarding—from buying a house to investing in the equity market.

A key part of Hugo’s decision is the more than £50,000 ($64,910) he owes in student debt. Webb and Stepek consider whether he should overpay on his loan, explaining along the way how the UK loans system works. The discussion includes recent changes and what makes such educational debt different.