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United Kingdom · Question · Written question

UIN 2901

Students: Loans

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

19 May 2026

Last action

2 June 2026 · Answer

Status

Answered

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Discovery layer

Source updated

2 June 2026

Summary

To ask the Secretary of State for Education, whether her Department has made an assessment of the potential merits of introducing a lifetime cap on interest paid on Plan 2 student loans.

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Timeline

  1. 19 May 2026

    Written question

    To ask the Secretary of State for Education, whether her Department has made an assessment of the potential merits of introducing a lifetime cap on interest paid on Plan 2 student loans.

    Source: Commons

  2. 2 June 2026

    Answer

    The government is capping the maximum interest rates on Plan 2 and 3 student loans at 6% for the 2026/27 academic year. We are clear it does not resolve all of the issues with the Plan 2 system, which was designed and implemented by the previous governmen...

    Source: Written answer

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