Powell signals plan to overhaul Plan 2 student loan terms

1 min read
Source: BBC
Powell signals plan to overhaul Plan 2 student loan terms
Photo: BBC
TL;DR

New Education Secretary Lucy Powell says the Plan 2 student loan system should be fair and is at the top of her in-tray, pledging to review repayment thresholds and interest (RPI plus 3%), drawing on personal experience with a Plan 2 loan, though she stopped short of promises as she aims to ensure fairness for graduates.

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