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Student groups condemn Cabinet over dropping promised 2.5 % student-loan interest cap

Student groups condemn Cabinet over dropping promised 2.5 % student-loan interest cap
The Dutch Cabinet has dropped the promised 2.5% interest cap on student loans, citing underestimated costs. Consequently, interest rates will rise to 2.7% next year, the first increase above 2.5% since 2023.

Summary

The Dutch Cabinet announced it cannot implement the promised 2.5 percent interest cap on student loans due to underestimated costs. As a result, the interest rate for most students will rise to 2.7 percent next year, marking the first increase above 2.5 percent since 2023. Students will face higher loan interest rates.

Read full article at NL Times โ†—
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