Students: Loans
Commons · Question 125937 · Tabled 10 Apr 2026 · Department for Education · Official record
Answered 22 Apr 2026
Question
Asked by Al Pinkerton
To ask the Secretary of State for Education, what assessment her Department has made of the impact of student loan interest rates on graduates’ financial outcomes.
Answer
Answered by Josh MacAlister, 22 Apr 2026
This government recognises the concerns caused by high student loan account balances and interest rates, resulting from loan plans designed by previous governments. That is why we are capping the maximum interest rates on Plan 2 and Plan 3 student loans a...