GOVERNMENT PROPOSAL

Criticism of proposed rise in student loan interest rate

2:57 min
  • Interest rates on student loans may soon increase tenfold.

  • The proposed rise by the government, from 0.05 percent to around 0.5 for all student loans taken out after 1989, has provoked criticism from students and some unions, with over 75,000 people signing a petition.

  • "I'm really proud of the Swedish education system and we want it to continue to be accessible for all," says Christian Tengblad, who was collecting signatures for the petition at Stockholm University campus.