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Chris North Profile picture
Chris North
@chrisenorth
Lecturer & astronomer @CardiffPHYSX. Co-author of https://t.co/EMohMxzbg3 + other books, semi-regular broadcaster. Comments own. [he/his]
May 30, 2019 • 15 tweets • 7 min read
So, I had a play with the Augar numbers, and the impact on what people repay. You can find the code, and all the plots at github.com/chrisnorth/loa… (might take a while to load, scroll down for the plots). Here followeth a thread. 1/n First, the assumptions:
- RPI = fixed 2.4%
- CPI = fixed at 1.9%
- Salaries and salary-based thresholds increase with CPI
- Loan interest charged at RPI below £25725, RPI+3% above £46305, linearly scaled between the two

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