Freezing student loan repayment thresholds 'not a moral thing to do', says Martin Lewis

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Martin Lewis A stern message has been sent to the chancellor Rachel Reeves The decision to freeze student debt repayment thresholds.

exist chancellor’s budget In November, it was announced that graduates must start repaying planned salary 2 student loans £29,385 frozen for three years from April 2027.

talking about bbc newsnight On Wednesday (January 28), the founder of MoneySavingExpert said, “This is not a tax, it is a contract signed by the government with young people who have not received any education. I don’t think it is the moral thing for you to do this… Please reconsider.”

The National Union of Students (NUS) has warned that a three-year freeze could leave new graduates struggling to afford rent, food and bills.

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