Student Loans

Neil Hudson Excerpts
Wednesday 18th March 2026

(1 day, 10 hours ago)

Commons Chamber
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Laura Trott Portrait Laura Trott
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The hon. Gentleman is missing the fact that Labour has made it worse. Even now, the Chancellor has changed her tune—no surprise given the track record of this Government. She now says that the system is “broken”, but young people are apparently not at the “front of the queue”. I did not see that on the front of the Labour manifesto. We on the Opposition Benches think that young people should be at the front of the queue, because thanks to Labour, Britain’s youth unemployment rate has topped the eurozone for the first time ever. Graduates coming out of university cannot get jobs. Graduates in work are seeing their student debt mounting up.

Neil Hudson Portrait Dr Neil Hudson (Epping Forest) (Con)
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I have been contacted by many students in Epping Forest who are deeply concerned about their future debt and by many graduates who are worried about ballooning debt on these plan 2 loans. Does my right hon. Friend agree that the Labour Government have an opportunity to step in and relieve the pressure on young people and adopt the Conservative plans to scrap real interest rates on these plan 2 loans?

Laura Trott Portrait Laura Trott
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My hon. Friend is absolutely right. We have a chance today to create a new deal for young people. I hope that some Government Members vote for it.