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Student leaders descend on Parliament to discuss student loan reform with MPs
University graduates

STUDENT leaders from across England descended on Parliament today to discuss student loan reforms with their MPs as part of Lobby Day.

The meetings, organised by the National Union of Students (NUS), took place throughout the day, with student representatives calling on MPs to unfreeze repayment thresholds that Chancellor Rachel Reeves announced at the Autumn Budget for next year.

Plan 2 student loans is a repayment plan designed to charge interest above RPI inflation for those who began university between 2012 and 2023, dubbed a “stealth tax.”

The freeze means that repayments are set at 9 per cent of income, leaving graduates at risk of paying an extra £93 in 2027-28 and £259 in 2029-30.

Interest rate thresholds are also frozen, which may increase the interest added to loans.

NUS president Amira Campbell said: “The strength of feeling in the failures of the student loan system cannot be denied.

“Politicians across the House have an opportunity to rebuild trust with young people.

“And they can start by standing by the contract we signed at 17 and increasing the repayment threshold of Plan 2 loans annually.”

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