It's been brought to my attention that the Student Loan Company are now charging 4.8% on loans from 01/09/2007 previously before that is was only 2.4% We all knew when we took out a student loan that it will be repaid at the rate of inflation currently @ 2.3% so how can the SLC now introduce without notification this new rate. Additionally, how can this be justified double the previous rate an they a non profit making organisation. My wife took out £9000 SL and has been repaying £80per month for the last 3 years but still owes £9430 and this before the 4.8% increase. I rang them today when I received literature confirming the new rate. However I had to ask them what the previous rate was as this was not included. It's time to act for all our futures and the furture of the next generation(s) If you disagree with this appalling change in the rate of interest please refer to the SLC website and contact them to make an official /formal complaint. I am also writing to my MP and would suggest to everyone affected to do the same. Together we can change policy if enough of us are bothered to act.