the new loan system will make it cheaper for more or less everyone.
i have no complaints about my student loan, or the repayment scheme, but i'd be very happy to have my debt transferred to the new system.
i really have no idea what they're complaining about - seriously.
i graduated 8 years ago, i have a debt of about £12,000 which is about the same as when i graduated. I will never clear my debt cos my repayments are about the same as the interest.
most graduates under the new scheme will also never clear their debt, but their repayments will be lower than mine, and they'll be waived sooner.
sounds bloody good to me...