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News · 6 August 2026

Over 120 MPs want student loan system reviewed

Over 120 MPs want student loan system reviewed

Photo by Unseen Studio on Unsplash

Chancellor John Healey has received a request from over 120 MPs and peers, urging an immediate review of the student loan repayment system, which they label an "unsustainable burden". Many graduates, according to the cross-party group which includes MPs holding Plan 2 loans, find that under half of any salary increase is retained after deductions for repayments and taxes.

Reported by BBC · How we write briefs

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How much is the UK student loan debt? Do other countries have student loans? What are Plan 2 loans?

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