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Chancellor Reeves freezes student loan repayments at £29,385 through 2030, sparking criticism over rising costs and fairness.
Chancellor Rachel Reeves faces criticism for freezing the Plan 2 student loan repayment threshold at £29,385 through 2030, a move critics say unfairly increases repayments as inflation rises.
The decision, part of broader fiscal measures including frozen tax thresholds, has drawn backlash from experts like Martin Lewis and the National Union of Students, who argue it burdens graduates with rising living costs and high interest rates—up to 6.2% for earners above £51,245—despite promises of fairness.
Reeves defends the plan as necessary to fund public services, but concerns grow over the long-term financial strain on graduates and the use of student loans as a fiscal tool.
El canciller Reeves congela los reembolsos de préstamos estudiantiles en £29,385 hasta 2030, lo que provocó críticas por el aumento de los costos y la equidad.