Student Loan System

Lord Mohammed of Tinsley Excerpts

Tuesday 10th March 2026 Lords Chamber

[Lord Mohammed of Tinsley (LD)]

My Lords, I declare an interest: my son has recently graduated and my daughter is at university. Given the widespread concerns among graduates, particularly those on plan 2 loans, about both the freezing of repayments and interest thresholds, what assessment have the Government made about the long-term impact of these policy changes, graduates’ debt burdens and monthly repayments?

[Baroness Blake of Leeds (Lab)]

I feel as though I should declare an interest in having four kids who have all gone at different times and have been on different plans. It is incredibly complicated. To reassure the noble Lord, I can only say that this subject will be constantly looked at and we will be looking forward to the best solutions to make sure that our young people are encouraged to get the best education they can.