Although not strictly a graduate tax, the student loan system effectively is one, as it reduces the take-home pay of those subject to the repayment rules. Repayments may run for several decades, depending on earnings and how much was borrowed. The Department for Education has introduced a new student loan type: Plan 5. It applies...

With record numbers of UK students being accepted for full time university courses, it will come as no surprise to you that that young people across the UK are more likely to begin university than ever before. With almost 496,000 students beginning full-time undergraduate courses last year, this means that 40% of young people in...