Graduates Overcharged
I’m not at all surprised by this:
The errors were caused by a time lag between HM Revenue and Customs recognising that a loan has been repaid and informing the Student Loans Company to stop deducting money from a graduate’s monthly salary.
It means 72,000 people have been deprived of thousands of pounds until the money wrongly taken is repaid since the first students to borrow money under the system paid off their loans in 2001. (The Telegraph)
The Student Loans Company are completely useless. This I know first hand. This is just more proof.
The whole SLC system is just appallingly badly run.
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