Johnson's Plans to Increase Student Debt: Hurting Young People? - TLDR News

Johnson's Plans to Increase Student Debt: Hurting Young People? - TLDR News

Assessment

Interactive Video

Social Studies

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the student loan system in England, explaining current tuition and maintenance loans, interest rates, and repayment thresholds. It highlights potential government changes, such as lowering the repayment threshold and extending the repayment period, which could increase financial burdens on graduates. The video also critiques the use of RPI for interest calculations and explores the implications of these changes, particularly for lower earners.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum tuition fee that universities in England can charge per year?

£9,000

£10,000

£9,250

£8,500

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which metric is used to calculate the interest on student loans in England?

CPI

GDP

RPI

PPI

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what annual income do graduates start repaying their student loans?

£27,295

£25,000

£28,500

£30,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much do graduates pay on their income above the repayment threshold?

7%

5%

9%

11%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed new repayment threshold according to the potential government changes?

£20,000

£23,000

£27,000

£25,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long is the proposed repayment period under the new government plan?

40 years

35 years

45 years

30 years

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's rationale for changing the student loan system?

To increase university enrollment

To reduce the number of students in arts and social sciences

To decrease the national debt

To encourage more students into technical and vocational training