'Misleading' student loans information left out examples of higher-salary repayments

A BBC review of more than 110 university websites in England found inaccurate information about repayment thresholds and periods; 12 universities provided examples only for salaries below the UK average of £39,039. Treasury Committee chair Dame Meg Hillier called some information “misleading,” including Northumbria University’s comparison of repayments to the cost of a daily coffee, which was removed after the BBC contacted the university. Under Plan 5, graduates repay 9% of earnings above £25,000 for 40 years or until the loan is cleared. The Department for Education said it would review its information, and universities said they would review their websites where necessary.