FUCK FUTURE FINANCE – THE FRIGHTENING REALITY OF PRIVATE STUDENT LOANS

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By Lewis Martin

CW: mentions suicide.

Sometimes targeted adverts reveal to you more than you wanted to know. I’ve recently been experiencing facebook ads for Future Finance, a company that offers loans of up to £40,000 to students, with an interest rate of 17.45% APR for all the time that you’re studying. To put that in perspective, if you borrowed £7000 over 5 years, you’d have repaid a stonking £11,223 by the time you’ve paid it off. This eye watering example reveals both the current state of Higher Education financing and a frightening future that is increasingly intruding on the present.

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