Many UK students, like Nuala from west London, took out substantial student loans without fully considering the long-term implications. Now 25 and still studying, Nuala faces a debt exceeding £93,000, a reality she once joked about but now finds daunting. She is among 1.8 million students with debts over £50,000, as reported by the BBC. Changes in tuition fees and loan terms since 2012, including high interest rates and extended repayment periods up to 40 years post-graduation, have exacerbated student debt concerns in England, where tuition fees are now among the highest in the developed world according to the OECD.
