Deflation is the first time in Britain since the 1960s and the retail price index (RPI) figure is used for interest on student loans.
However, there is always enough to speculate what would happen if the RPI is negative, and even in the last month, they stopped at a moot point and has been a reality.
The interest rate on student loans is the lower of RPI or the Bank of England base rate of 1 percent. The government has yet to decide, as the interest of the loan must be calculated with the students also believe that their student loans, they can earn interest.
This would be the amount that students must pay in real terms, the value of their loan. This will only happen if the minister does not change the way interest on student loans.
The Department for Innovation, Universities and Skills to be announced after consultation with the Ministry of Finance.
The interest is due on or after 1 September 2009, said a spokesman for the ministry said that currently there is no need for an immediate decision.
This would be the amount that students must pay in real terms, the value of their loan. This will only happen if the minister does not change the way interest on student loans.
The Department for Innovation, Universities and Skills to be announced after consultation with the Ministry of Finance.
The interest is due on or after 1 September 2009, said a spokesman for the ministry said that currently there is no need for an immediate decision.
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