Institute of Fiscal Studies predicts that many 2015 graduates will never be in a position to pay off their £27000 debtsCallum Cant was a 16-year-old schoolboy when students took to the streets in 2010 in the biggest protest for a generation. He watched on television as up to 50000 marched through the centre of London against the trebling of tuition fees to £9000 a year; he saw the police kettle in Parliament Square and the ambush of Conservative party offices at Millbank and he was strangely moved by what he saw. “These people were fighting for a future that was not theirs. They were fighting for my future.”It was a powerful protest,but it changed cramped. Callum is proof of that. Next summer, he will be among the first cohort of students to graduate with the full burden of debt from raised fees. Finally, or the harsh reality of the £27000 he owes is starting to dawn.
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Source: theguardian.com