when did student loans start in the uk
Student loans in the United Kingdom The SLC was founded for the 1990/91 academic year to provide students with additional help towards living costs in the form of low-interest loans. In its first year, the SLC gave loans to 180,200 students[2] This represented a take up rate of 28% of eligible students, with an average loan of Â£390.
Raising of school leaving age in England and Wales In England and Wales, this age has been raised numerous times since the introduction of compulsory education in 1870. On 1 September 1972, the age was raised from 15 to 16, following preparations which began eight years earlier in 1964. This left a gap year of school leavers who, by law, had to complete an additional year of education from 1973 onwards.