Interest rates on controversial Plan 2 student loans are to be capped at 6% amid the Iran conflict, the government has announced

Minister Jacqui Smith said while "the risk of global shocks" from the war is "beyond our control, protecting people here is not", reports @matildamartin.bsky.social

April 07, 2026 - 11:32 UTC

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6%!

I'm sure everyone with ballooning debt from their student "loan" is so greatful they'll vote Labour forever.
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How very caring of them 🙄
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Education should be free. Scrap student loans the system doesn't work.
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They were kids when they took out those loans. I would never have let my children take them out if I had known the terms. It is a national disgrace.
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