New finding show that more than 70% of students who left university last year are never expected to finish repaying their loans. The report by the Institute for Fiscal Studies (IFS) shows that many of these graduates – the first cohort to pay the higher £9,000 fees – will be making repayments for 30 years. This means that a large number of graduates will be paying back their loans well into their 50s – and a growing proportion of the money lent out will never be repaid.