Pre-2012 and Post-2012 Student Loans: What A Difference The Interest Rate Makes
Whilst pre-2012 students are paying a flat interest rate of 1.5%, post-2012 students are paying a minimum of 3.1% and as much as 6.1%, dependent on salary. The table below shows what rate of interest a post-2012 (plan 2) graduate will pay based on his/her salary:
