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Written question asked by Navendu Mishra (Labour) on Monday, 15 June 2026, in the House of Commons. It was due for an answer on Monday, 22 June 2026 (named day). It was answered by Josh MacAlister (Labour) on Tuesday, 28 July 2026 on behalf of the Department for Education.


Students: Loans

Question

To ask the Secretary of State for Education, pursuant to the answer of 2 June 2026 to question 2901 titled Students: Loans, whether she has made an assessment on the potential merits of bringing the Plan 2 repayment threshold in line with today’s RPI inflation, in the context that the initial repayment threshold was £21,000 in 2012.

Answer

Plan 2 student loans were first made available to undergraduate students in 2012. These loans did not enter repayment until 2016, at which point the £21,000 repayment threshold was applied to Plan 2 loans.

Since this government has been in power, we have increased the repayment threshold for Plan 2 loans to £28,470 in April 2025, its first increase since 2021, and we increased it again on 6 April this year to £29,385.


Secondary information

Type
Written question
Reference
9709
Session
2026-27
Related items
Students: Loans
Tuesday, 2 June 2026
Written questions
House of Commons
Subjects
Loans Repayments Students
Link
View this Written question on www.parliament.uk