Ministers are facing criticism for how they have handled repayment terms for graduates, in particular those with so-called ‘plan 2’ loans

Ministers are facing criticism for how they have handled repayment terms for graduates, in particular those with so-called ‘plan 2’ loans

Parliamentary inquiry finds loans were mis-sold to students and tells government it cannot continue to ignore ‘broken’ system

Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freeze

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Chancellor Rachel Reeves announced in her autumn Budget that the earnings threshold for repayment of Plan 2 loans would be frozen for three years from 2027 at £29,385.

Over 52,000 graduates responded to one of Parliament's biggest ever inquiries into student finance reform.