Episode
Student Loans Under Fire | London News
- Published
- Jul 7, 2026
- Duration seconds
- 112
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Summary
MPs are sounding the alarm over student loan mis-selling in England and Wales, citing misleading comparisons to mobile phone contracts and hidden terms that could change retroactively. The chancellor’s decision to freeze the repayment threshold for Plan 2 loans until April 2027 means graduates earning over £29,385 will pay 9% of every pound above that — but inflation means their real income won’t grow as expected. The Treasury select committee says the government has a moral duty to reverse this freeze, calling it a betrayal of younger generations who were misled during application. They’re demanding action now — patience has run out. The government admits the report is important and says it’s reviewing ways to make the system fairer, though no immediate changes are promised. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e53c6e24c79092a7