Epistatacadam on Nostr: be better if they forgave 20% every year until all debt and interest removed. The 9% ...

be better if they forgave 20% every year until all debt and interest removed. The 9% income tax surcharge might then be forgiveable. Personally, as someone who got a grant and paid no fees, perfectly happy with an increase of 1% on my income tax rates. Perhaps us older graduates could pay back what we gained.
I'd like a graduate tax, with free tuition and proper maintenance grants for all students. Those who have loans currently could opt for the tax or stay on the loan scheme.