Question to the Department for Education:

To ask the Secretary of State for Education, if she will review the three-year freeze on the salary threshold for student loan repayments announced in the 2025 Budget.

The income threshold above which repayments are required for Plan 2 loans will remain at its 2026/27 financial year level of £29,385 up to April 2030, and will increase annually with the Retail Price Index thereafter. This change will help to ensure the system remains sustainable in the long term and is able to continue benefitting future generations of students.

Borrowers remain protected as repayments are determined by income, not the amount borrowed. If a borrower’s salary remains the same, their monthly repayments will also stay the same. Lower-earning graduates will continue to be protected, with any outstanding loan and interest written off at the end of the loan term.