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Student loan promotion in England and Wales amounted to mis-selling, MPs say

The Guardian UK Tuesday 07 July 2026, 04:00 UTC By Hilary Osborne 1 min read
Key Points

Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freezeSlideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said. The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at...

Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freeze

Slideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.

The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at £29,385 for three years from April 2027.

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Originally published by The Guardian UK Read original →

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Student loan promotion in England and Wales amounted to mis-selling, MPs say

Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freezeSlideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said. The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at...

The Guardian Business 2h ago

Student loan promotion in England and Wales amounted to mis-selling, MPs say

Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freezeSlideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said. The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at...

The Guardian World 2h ago