‘I plan on being a teacher – I don’t think I’ll be able to pay it off ever’published at 18:51 BST
18:51 BST
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Katie and Toby are worried about rising fees, and the rising cost of living
Katie and Toby are first year childhood youth and education studies students.
We asked them what an increase in tuition fees would mean for them.
“I don’t know how I’d pay for it – even though I literally have a full time job,” says Katie.
Katie has a tuition fee loan, and worries about how she will be able to pay it off in the future.
“It’s not going to happen, I know it’s not” she says. “I plan on being a teacher.”
“I don’t even think I’ll be able to pay it off ever.”
Katie says that her student loan debt feels daunting, and like it will “always follow me”.
A rise of a few hundred pounds would mean a lot to Katie, she says. “A hundred quid on my pay cheque is a lot of money to me,” she adds.
For Toby, the biggest problem to consider is that if uni fees rise, so will other costs.
“Housing, shopping – all of that will go up whilst you’re also trying to pay for increased tuition fee loan.”
He’s worried about students in a few years’ time being able to afford to go to university.
Toby himself feels “nervous at the thought of it, and being able to fund anything in the future – it will just be a nightmare seeing an increased fee coming off your pay cheque as you’re getting older.”
As a reminder, you do not have to start repaying your loan until you earn a certain amount of money after graduation.You generally repay 9% of the amount you earn above this threshold.