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flag UK student loan rates rise starting September 2026.

flag Starting in September 2026, UK student loan interest rates will rise for millions of graduates. flag Borrowers on Plan 1, 4, and 5 will see rates increase to 4.1%, while Plan 2 and 3 loans will have a temporary 6% cap, though this primarily benefits earners over £44,300. flag Monthly payments, set at 9% of income above specific thresholds, will remain unchanged, but higher rates will increase total debt and extend repayment periods.

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