News · 7 July 2026
MPs say student loan comparisons misled students.
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A group of MPs has stated that the government's comparison of student loan repayments to phone contracts or cinema tickets constituted mis-selling. The Treasury Committee also called for a U-turn on freezing the income threshold for Plan 2 loan repayments, which means graduates pay more sooner. Many students did not fully understand the loan terms, with some seeing their debt increase despite making repayments.
Reported by BBC · How we write briefs