Politics · Netherlands · 12 hrs ago

Dutch lawmakers reject a cap on student loan interest

Dutch lawmakers reject a cap on student loan interest

The Dutch lower house approved leaving student loan interest uncapped.

Rates on student loans could rise above 2.5% in the coming years.

The decision means borrowers will not have a limit on how high rates can go.

The government will keep a €40 million budget for student support.

Most of the money will fund tuition refunds for MBO students who leave their studies early.

Students living away from home will also receive a slightly higher grant.

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