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Students from poor backgrounds will leave university owing “substantially” more debt than their richer classmates because of George Osborne’s summer Budget, according to new research.The poorest 40% of students going to English universities will graduate with debts to the state of up to £53,000 from a three-year course, thanks to Mr Osborne’s decision to convert maintenance grants into loans, the independent Institute for Fiscal Studies has found.The loans will give students from low-income…

Source: Budget ‘means poor students will have bigger debts’ – Daily Mail – Press Association

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