52,000 UK Graduates Respond to Student Loans Inquiry

Over 52,000 UK graduates submitted evidence to Parliament's Treasury committee inquiry into student loans, describing high interest rates and repayment terms as 'extortionate'. The massive response highlights widespread frustration with ballooning degree debt costs. This reflects potential consumer spending pressure in the UK as graduates face higher debt burdens. Reduced disposable income could weaken domestic demand, potentially pressuring GBP if it signals broader economic strain.