Question to the Department for Education:

To ask the Secretary of State for Education, when she will publish the equalities impact assessment on the student loan repayment changes announced in Autumn Budget 2025.

Plan 2 loans were designed and implemented by previous governments. Students in England starting degrees under this government have different arrangements.

Lower earning graduates remain protected by this change. Graduates only begin repaying once their earnings exceed the threshold, paying 9% of income above that level. As repayments remain income-contingent, if a borrower’s salary remains the same, their monthly repayments will also stay the same. Outstanding loans, including interest accrued, are cancelled at the end of the loan term, or in case of death or permanent disability, with no detriment to the borrower.

The department has produced the attached analysis regarding the lifetime impact of freezing the repayment and interest thresholds.

The department will release an equalities impact assessment, including the impact on lifetime repayments, alongside other borrower impacts for the Plan 2 repayment threshold and interest threshold freeze, as announced at the Autumn Budget. Published results may differ from those provided due to model and data updates.