UK MPs launched an inquiry into student loans Wednesday, with Treasury select committee chair Meg Hillier warning young adults face a "perfect storm" of economic pressures including high housing costs, inadequate pensions, and job threats from artificial intelligence. The cross-party investigation comes as the government considers easing the burden on graduates amid backlash over high interest rates and hefty repayments.
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UK MPs launched an inquiry into student loans Wednesday, with Treasury select committee chair Meg Hillier warning young adults face a "perfect storm" of economic pressures including high housing costs, inadequate pensions, and job threats from artificial intelligence. The cross-party investigation comes as the government considers easing the burden on graduates amid backlash over high interest rates and hefty repayments.