India, Sept. 13 -- The British government has said that it will provide clear information about students opting for loan. The announcement comes after criticism over lack of transparency regarding repayment terms.

British Government's Announcement

The British Government has agreed to make student loan guidance clearer and simpler to understand for students in the future. Students will be informed more clearly that the terms and conditions of their loans may change in the future. They will also get improved information about how much they might end up repaying over the life of their loan.The government has stated that the goal is to help students understand the financial commitment before they take on a loan.

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