Tag: Student Loans
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Rising to £100k: Why 2 Million UK Workers Face Steep Taxes and What It Means
Introduction: A growing tier of UK earners Amid a shifting economic landscape, more UK workers are crossing the £100,000 threshold. Data and policy analysis show that earning five figures more can dramatically alter take-home pay, thanks to marginal tax rates, national insurance (NI), and student loan repayments. This article explains who these earners are, how…
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Record 2m workers to earn over £100k: what it means for take-home pay
Rising numbers crossing the £100k threshold Recent discussions around taxation in the UK have spotlighted a growing reality: around two million workers are expected to earn more than £100,000 in the coming year. While crossing the £100k mark is a milestone for many professionals, it also triggers changes in how much of each extra pound…
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One Big Beautiful law caps medical school loans for students
What the new provision does A little-noticed clause tucked into the sweeping One Big Beautiful legislation, enacted amid broad GOP support this summer, imposes new limits on federal student loan borrowing for students pursuing professional degrees. The policy targets high-balance loans typically used by medical, law, and other advanced degree programs, with a focus on…
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One Big Beautiful Act Caps Federal Student Loans for Medical School
What the new provision does A recently enacted provision tucked into the sweeping One Big Beautiful legislation introduces a significant cap on federal student loans for students pursuing professional degrees, including medical, law, and business programs. While the policy aims to curb rising federal debt, it also raises questions about access to affordable education, the…