Almost 1.8 million people are now in at least £50,000 of UK student debt, data obtained by BBC News reveals.
That means only a small fraction of those repaying their balances are in more than £100,000 of debt - but the majority do owe more than £50,000.Tom Allingham, from website Save The Student, said such debts were "alarming" but were “in no way indicative of the norm”. “No matter how much I pay it is always increasing,” he said, referencing the near 8% interest rate on accounts like his, which is driven by high inflation.How much does uni cost, and will I earn more if I go?
It is not clear whether the largest debt now known to the SLC - of £252,000 - is on the same loan as the one revealed to be the highest in March, at £231,000.
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