Student debt scandal exposed: ‘It's an interest rate racket’ | The Daily T

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Graduates are saddled with an average debt of £53,000, and many will never pay it off because of a system that piles on interest at higher than inflation rates. Camilla is joined by co-host Sir Jacob Rees-Mogg, who says the current setup is an 'interest rate racket' – but also that universities should be allowed to charge as much as they like. Camilla questions Sir Jacob on whether the coalition government, which he served in, was right to triple fees back in 2010, and if getting a degree is

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