MPs launch student loans inquiry amid ‘perfect storm’ for young people in UK

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Influential Treasury committee chair Meg Hillier says review follows growing concern over graduate debtUK firms struggling to hire young people amid cost pressures, MPs toldYoung adults in the UK face a “perfect storm” of economic challenges, the head of the influential Treasury select committee has warned as it launches an inquiry into student loans.The cross-party committee’s investigation comes as the government considers ways to ease the burden on graduates, amid a growing backlash about high interest rates and hefty repayments, including among Labour MPs. Continue reading…