Students: Loans
Commons · Question 109386 · Tabled 28 Jan 2026 · Department for Education · Official record
Answered 6 Feb 2026
Question
Asked by Joe Robertson
To ask the Secretary of State for Education, what assessment she has made of the potential impact of applying an interest rate of RPI plus 3% to Plan 2 student loans for graduates earning over £50,270 on the disposable income of those graduates.
Answer
Answered by Josh MacAlister, 6 Feb 2026
Plan 2 student loans were designed and implemented by previous governments. Students in England starting degrees under this government have different arrangements.Plan 2 loans interest rates are applied at the Retail Price Index (RPI) only, then variable ...