HM Treasury

organization

Last mentioned: 18h ago

Timeline

  1. Ministerial Review Signaled

    Government confirms it will review Plan B following concerns over graduate debt levels.

  2. Plan 5 Introduction

    New students move to Plan 5, which features a lower threshold and 40-year write-off period.

  3. Plan 2 Implementation

    The Plan 2 (Plan B) system is introduced alongside a rise in tuition fees to £9,000.

Stories mentioning HM Treasury 1

Regulation Neutral

UK Government Signals Review of Plan B Student Loan Repayment Framework

A government minister has confirmed that the administration will formally review the 'Plan B' student loan system following mounting concerns over repayment thresholds and interest rates. This move signals a potential shift in higher education funding policy as officials acknowledge structural issues within the current lending model.

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