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flag Chancellor Reeves freezes student loan repayments at £29,385 through 2030, sparking criticism over rising costs and fairness.

flag 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. flag 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. flag 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.

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