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You can find the current article at its original source at https://www.theguardian.com/uk-news/2017/nov/21/philip-hammond-to-target-young-voters-with-rail-fare-and-student-loan-measures
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| Version 1 | Version 2 |
|---|---|
| Philip Hammond to target young voters with rail fare and student loan measures | Philip Hammond to target young voters with rail fare and student loan measures |
| (about 1 month later) | |
| Philip Hammond will pitch to win over younger voters with a new offer of cheaper rail fares for the under-30s and plans to prevent graduates from overpaying student loans. | Philip Hammond will pitch to win over younger voters with a new offer of cheaper rail fares for the under-30s and plans to prevent graduates from overpaying student loans. |
| The chancellor will use Wednesday’s budget to launch a new discount railcard from spring 2018 for 4.5 million people aged between 26-30, though it has not been confirmed how much the discount would be. | The chancellor will use Wednesday’s budget to launch a new discount railcard from spring 2018 for 4.5 million people aged between 26-30, though it has not been confirmed how much the discount would be. |
| Young person’s railcards, launched in 1974, cover 16- to 25-year-olds, offering up to a third off rail fares for a cost of about £30 a year. | Young person’s railcards, launched in 1974, cover 16- to 25-year-olds, offering up to a third off rail fares for a cost of about £30 a year. |
| In practice, the new card may extend cheaper travel to anyone under the age of 32, as current arrangements for young person’s railcards allow 23-year-olds to purchase three-year cards just before their 24th birthday. | In practice, the new card may extend cheaper travel to anyone under the age of 32, as current arrangements for young person’s railcards allow 23-year-olds to purchase three-year cards just before their 24th birthday. |
| The Treasury will also unveil a new data-sharing system aimed at stopping the problem of graduate overpayment on student loans. | The Treasury will also unveil a new data-sharing system aimed at stopping the problem of graduate overpayment on student loans. |
| In 2015-16, 86,000 graduates overpaid on their student loans – with average overpayments of £592 – with money continuing to be taken out of their wages via the tax system after the full loan had been repaid. | In 2015-16, 86,000 graduates overpaid on their student loans – with average overpayments of £592 – with money continuing to be taken out of their wages via the tax system after the full loan had been repaid. |
| A new system will be in place by April 2019 by which HM Revenue & Customs and the Student Loans Company will share data so loan repayments automatically stop when a borrower has fully repaid. | A new system will be in place by April 2019 by which HM Revenue & Customs and the Student Loans Company will share data so loan repayments automatically stop when a borrower has fully repaid. |
| The announcement, expected on Wednesday, is the government’s latest peace offering to students. The prime minister pledged in October to raise the income threshold that triggers student loan repayments from £21,000 to £25,000. | The announcement, expected on Wednesday, is the government’s latest peace offering to students. The prime minister pledged in October to raise the income threshold that triggers student loan repayments from £21,000 to £25,000. |
| Budget 2017 (November) | Budget 2017 (November) |
| Budget | Budget |
| Philip Hammond | Philip Hammond |
| Rail transport | Rail transport |
| Student finance | Student finance |
| Students | Students |
| news | news |
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