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Why is the UK government capping student loan interest and will graduates now pay less?
UK NewsPolitics•April 7, 2026 at 4:39 PMNational

Why is the UK government capping student loan interest and will graduates now pay less?

By Rupert Jones•The Guardian - UK News

Decision to cap interest rate at 6% in England and Wales from September is unlikely to defuse row over crippling cost of debtFull story: UK caps interest rate on student loansThe government has announced a small concession for millions of university graduates in England and Wales with “plan 2” student loans.However, the decision to cap the interest rate charged at 6% from September is unlikely to defuse the row over the crippling cost of degree course debts. Continue reading...

Decision to cap interest rate at 6% in England and Wales from September is unlikely to defuse row over crippling cost of debt

The government has announced a small concession for millions of university graduates in England and Wales with “plan 2” student loans.

However, the decision to cap the interest rate charged at 6% from September is unlikely to defuse the row over the crippling cost of degree course debts.

Continue reading...