Students: Loans
The question
To ask the Secretary of State for Education, whether her Department has conducted an equality impact assessment on the freeze to the Plan 2 student loan repayment threshold due to take effect in April 2027.
Answered by Josh MacAlister
It was announced at the Autumn Budget that the repayment and interest thresholds for Plan 2 student loans will be frozen from the 2026/27 financial year until April 2030, when they will increase annually by inflation.
The department will release an equalities impact assessment, including the impact on lifetime repayments, alongside other borrower impacts for the Plan 2 repayment threshold and interest threshold freeze announced at the Autumn Budget.
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