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Student Loans

I absolutely think it should be a high priority, because this generation is being so severely squeezed. The Government’s response to the Committee said:

“The Government recognises the cost-of-living challenges faced by many graduates, including those with Plan 2 student loans, and understands concerns about the impact of repayment terms on borrowers.”

The response says further that the Government

“keep all aspects of the student finance system under review.”

This is one change that is very simple to make and relatively cheap. I recognise that the Chancellor has had many challenges even since we put out our report, but this is an achievable change that could be done quickly and would make a big difference to this cohort.