Rising Inflation Points to Crushing Student Debt Payments Ahead – Bloomberg

Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Smart City technology improves urban life and creates economic advantage. Nowhere is building as many as China. But are these changes better for people, or the governments and companies designing them?
It’s Not About the Data—It’s Really About the Fed
JPMorgan’s Kolanovic Defends Dip-Buying Call, Warns of Fed Error
Anti-Abortion Group’s Data Trove Represents ‘Serious Concern’ Post Roe
Value Trade Crumbles on Wall Street, Putting Quant Funds at Risk
Abu Dhabi AI Firm Sets Up $10 Billion Fund for Tech Deals
Bolsonaro Charges at Man Who Heckled Him in Front of His Home
Trump’s Deepening Peril Put Squeeze on CFO to Take Deal, Testify
‘Pharma Bro’ Shkreli Is Back on Social Media and Dishing Out Investing Tips
Five Questions on Glazers Selling a Manchester United Stake
Rock Mag Creem Attempts Comeback After More Than 30 Years
Colleges Vie for New Bosses as Harvard, MIT Lead Retirement Wave
Bed Bath & Beyond Can’t Hide Behind Meme Status Anymore
FedEx Can Do More to Subdue a Contractor Revolt
Coming to the US Shouldn’t Be This Hard
Richest Silicon Valley Suburb Says Build Anywhere But Here
Neobanks Are Struggling to Make Good on Their Lofty Promises
Stories of Climate Adaptation From a Simmering Subcontinent
Starbucks Must Offer to Rehire Fired Activists, Judge Rules
Browns QB Deshaun Watson Settles for 11-game Suspension
Budget Stress Hits Half of Miami Families in Latest Census Poll
Another Coal Plant Wins Lifeline Despite Biden’s Green Push
Biden Charts Path for Floating Wind Turbines Off Maine Coast
New England Cities Fight Abortion Misinformation With Truth-in-Ads Laws
What Penn Station’s $6 Billion Makeover Means for NYC
The Fight Against Evictions Moves to the Courts
Ethereum Developers Back Sept. 15 Target for Blockchain Software ‘Merge’
Nigeria Seeks to Boost E-Naira Users 10-Fold as Cryptos Grow
Tether Drops Cayman Islands Firm in BDO Italia Attestation Deal
Interest rates are set to increase three to fourfold to as high as 12% a year for some squeezed U.K. graduates.
Students cycling in Oxford, U.K.
Source: Getty Images

Student-loan interest rates in the U.K. are expected to shoot up to 12% from 4.5% for high earners — and to 9% from 1.5% for low earners — in September, according to a study released Wednesday by the Institute for Fiscal Studies, a London-based research center.
The rates for government-issued student loans in the U.K. are tied to the March reading of the retail price index, which reached 9% last month, up from 1.5% a year ago, according data released today by the Office for National Statistics.


Leave a Comment