PARLIAMENTARY WRITTEN QUESTION
(6 February 2026)

To ask the Secretary of State for Education, what hardship protections are available to student loan borrowers experiencing financial pressure, and what assessment the Department has made of the potential impact of the absence of interest freezes or repayment relief during such periods.

Asked by:
Perran Moon (Labour)

The student finance system is designed to function differently to a commercial loan. Borrowers are protected if they see a reduction in their income for any reason. Weekly or monthly student loan repayment amounts are based on a borrower’s monthly or weekly income, not the interest rate or amount borrowed, and no repayments are made for earnings below the relevant student loan repayment threshold. Any outstanding debt, including interest built up, is cancelled at the end of the loan term with no detriment to the borrower. No commercial loans offer this level of protection.

Answered by:
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