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Student Loan Repayment Freeze Sparks Criticism and Concerns

1/29/2026

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Summary

Story summary

Chancellor Rachel Reeves (Chancellor of the Exchequer) announced a three-year freeze on the student loan repayment threshold at £29,385, starting April 2027.
Martin Lewis, founder of MoneySavingExpert, criticized the decision, stating it would raise repayments by about £300 per year by 2030.
The National Union of Students (NUS) warns the freeze could hinder graduates' ability to afford basic living expenses.

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Story summary

Chancellor Rachel Reeves (Chancellor of the Exchequer) announced a three-year freeze on the student loan repayment threshold at £29,385, starting April 2027.
Martin Lewis, founder of MoneySavingExpert, criticized the decision, stating it would raise repayments by about £300 per year by 2030.
The National Union of Students (NUS) warns the freeze could hinder graduates' ability to afford basic living expenses.