The head of the Student Loans Company will have tax and National Insurance payments deducted from his £182,000 pay package in future, ministers say.

Plans to impose penalties on students who pay off university loans early are to be abandoned, the government is expected to announce next week.

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If you're worried about student loan debt, what it means for graduating seniors and for the future of our nation, congratulations. That means you're paying attention. Now that Americans owe over $1 trillion in student debt, more than they owe on their credit cards, many people are beginning to see that our country's current way of paying for college cannot be sustained.