division_name: Work and Pensions &#8212; Student support: restricted modification of repayment terms
motion: <p class="indent" pid="b653.0/7" pwmotiontext="yes">&#8220;Looking at students as consumers, if they had borrowed money from a commercial lender, the Financial Conduct Authority would have struck out in a second the idea that, five years after announcing that the repayment threshold would go up from &#163;21,000 in April 2017 with average earnings, that would be frozen.&#8221;&#8211;&#8211;[Official Report, Higher Education and Research Public Bill Committee, <phrase class="date" code="2016-09-06">6 September</phrase> 2016; c. 38, Q55.]</p>
  
  <p class="indent" pid="b654.1/6" pwmotiontext="yes">&#8220;If you sign a contract, both sides should keep to it. If you advertise a loan, the lender should be held to the terms it was sold under.&#8221;</p>
  
  <p class="indent" pid="b656.0/3" pwmotiontext="yes">&#8220;to be honest about the cost of providing higher education.&#8221;</p>
  
  <p class="indent" pid="b656.0/7" pwmotiontext="yes">&#8220;one of the few countries to have figured out a sustainable approach to higher education finance&#8221;.</p>
  
  <p class="italic" pid="b664.1/4" pwmotiontext="yes">The House divided:</p>
  
  <p pid="b664.1/5" pwmotiontext="yes">Ayes 180, Noes 278.</p>