Interest Rates

Policy passed at the Ordinary General Meeting on 2002-05-25

Student loans at commercial rates should not be introduced.

Policy passed at the Ordinary General Meeting on 2004-11-13

NPC is opposed to commercial rates of student loans for undergraduates, on the grounds that these debts, when carried over into postgraduate study, act as a deterrent. Real-terms interest on student loans could hit postgraduates harder than most students as interest will continue to accrue during postgraduate study.