Graduates in England and Wales: share your views on student loan repayments
We’d like to hear from graduates about how they’re faring with paying back student loans. Have you experienced large increases in outstanding debt? In last year’s budget Rachel Reeves froze the salary threshold for plan 2 loan repayments for three years from April 2027 – which means borrowers will have to pay even more towards their student loans as they benefit from pay rises.Student finance is made up of a tuition fee loan, which covers course fees and is paid directly to the university, and a maintenance loan, which is designed to help with costs such as rent and food. Continue reading...
We’d like to hear from graduates about how they’re faring with paying back student loans. Have you experienced large increases in outstanding debt?
In last year’s budget Rachel Reeves froze the salary threshold for plan 2 loan repayments for three years from April 2027 – which means borrowers will have to pay even more towards their student loans as they benefit from pay rises.
Student finance is made up of a tuition fee loan, which covers course fees and is paid directly to the university, and a maintenance loan, which is designed to help with costs such as rent and food. Continue reading...
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