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The Independent UK
The Independent UK
Independent and Lauren MacDougall

Voices: ‘We need to rethink university education’: Readers on student loan reform and who should fund degrees

NI Uni
In the Budget in November, it was announced that the salary at which graduates must begin to repay their plan 2 student loan is being frozen at £29,385 for three years from April 2027 - (PA)

Debate over how student loans should be funded and repaid is growing after Rachel Reeves froze the Plan 2 repayment threshold, hitting 5.8 million graduates in England and Wales.

Normally rising with inflation, the threshold – currently £29,385 – will now stay frozen until 2030. This means more graduates will start repaying sooner, and those getting pay rises will hand over a larger slice of their salaries.

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