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Who receives the interest from student loans in the UK?

Curtis Rhodes

in Student Loans

1 answer

1 answer

Daniel King on December 5, 2018

Similar to the programs in the united States, the lending bank receives the interest from the loans to students in the united kingdom. When a bank becomes part of the student loan scheme, which banco offers a lower interest rate (since the loan is guaranteed by the government), than they could in a similar private loan to a person who exhibits a similar behavior credit.

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