Oral Answers to Questions

Tessa Munt Excerpts
Monday 14th September 2026

(2 weeks, 6 days ago)

Commons Chamber
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The Secretary of State was asked—
Tessa Munt Portrait Tessa Munt (Wells and Mendip Hills) (LD)
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1. What steps she is taking to improve the student loan system.

Lucy Powell Portrait The Secretary of State for Education (Lucy Powell)
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May I join in what you said, Mr Speaker? I am sure that the whole House will want to send our deepest condolences to the Prime Minister and to his wonderful mum Eileen, his brothers Nick and John, all the grandchildren and the whole family on this saddest of days.

The student loans system we inherited is broken and unfair, and some graduates feel the weight of it more strongly. Going to university remains a fantastic opportunity, but I have been very clear that this issue is at the top of my in-tray, and I have been very clear in my views about it.

Tessa Munt Portrait Tessa Munt
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I associate myself with the comments of the Secretary of State. I am sure that all of us on the Liberal Democrat Benches feel deeply sad for the Prime Minister.

Tuition fees continue to rise, while the plan 2 repayment threshold stays frozen until 2030. If it is frozen until 2031, it will align with the minimum wage, leaving students facing higher premiums for up to 40 years. Students from disadvantaged backgrounds are hit by sky-high rents and living costs and face a brutal job market. Young constituents tell me that they cannot trust the fees system when a change of Government can mean a change to the terms of their loans. Will the Secretary of State commit to uprating the thresholds, restoring maintenance grants and creating an independent watchdog so that Governments cannot keep moving the goalposts?

Lucy Powell Portrait Lucy Powell
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The hon. Lady has put that really well. I reassure her that we absolutely keep these things under review. I have said that this issue is at the top of my in-tray, and that remains the case. I am acutely aware of the cost of living pressures that many graduates in their 20s and early 30s are under, particularly those on plan 2, and that is affecting their decisions about work and life. That is why I will continue to push at this issue, and I hope to have more to say soon.