Treasury Committee launches inquiry into student loans

The committee said that it is aware that many graduates have become "intensely dissatisfied" with the terms of the loan. It noted that this dissatisfaction was amplified by the recent decision to freeze the threshold for repayments. Student loan threshold to be frozen from April 2027 Students now leave university with more than £50,000 in student loan debt, according to the Institute for Fiscal Studies. From the April after they graduate, student borrowers make loan repayments of 9% of their earnings above £28,470. However, chancellor Rachel Reeves announced this threshold wou...