questionText: To ask the Secretary of State for Education, what assessment she has made of the potential impact of the (a) Plan 5 student loan repayment threshold and (b) annual pay for someone on the minimum wage in a full-time job from 1 April 2025 on the net income of graduates with student loans.
answerText: In 2022, the department conducted a government consultation to assess the impact of policy reforms on higher education funding and finance, including changes to repayment thresholds from Plan 2 to Plan 5. More details on the consultation can be found here...
heading: Students: Loans