Student loan promotion in England and Wales amounted to mis-selling, MPs say
Why This Matters
Key context: <p>Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freeze</p><p>Slideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.</p><p>The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at <a href="https://www.theguardian.com/money/2025/nov/27/freeze-uk-student-loan-repayment-threshold-nus-warning">£29,385 for three years</a> from April 2027.</p> <a href="https://www.theguardian.com/money/2026/jul/07/promotion-student-loans-england-wales-mis-selling">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freezeSlideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at £29,385 for three years from April 2027. Continue reading...
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