As the government throws out a petition by UK students opposing a freeze on the student loan repayment threshold, some UK graduates are choosing to opt out of the repayment system entirely by moving abroad. The National Audit Office found in November 2013 that around 14,000 former students with debts of £100m were living overseas and behind on payment.
In February this year, universities minister Jo Johnson vowed to take more action to chase up these non-payments, saying: “We will take stronger action to trace borrowers including those overseas, act to recover loan repayments where it is clear borrowers are seeking to avoid repayment, consider the use of sanctions against borrowers who breach loan repayment terms and, if necessary, prosecute.”
Content from our partners
