Student loans: 'I borrowed £44,000 for university and now owe £54,000'

Getty ImagesHere’s a maths problem for you.Adam borrowed £44,000 to go to university and has paid back £7,000 since graduating four years ago. How much does he owe?The answer is £54,000.That's because he is one of thousands of graduates in England and Wales who took out a type of student loan between 2012 and 2023 on which interest rates hit a record of nearly 8% earlier this year.At the beginning of this month,…