We need to rethink university education': Readers on student loan reform

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"Debate over how student loans should be funded and repaid is growing after Rachel Reeves froze the Plan 2 repayment threshold, hitting 5.8 million graduates in England and Wales. Normally rising with inflation, the threshold currently 29,385 will now stay frozen until 2030. This means more graduates will start repaying sooner, and those getting pay rises will hand over a larger slice of their salaries."

Rachel Reeves froze the Plan 2 student loan repayment threshold at 29,385 until 2030, affecting 5.8 million graduates in England and Wales. The freeze prevents inflation-linked rises, causing more graduates to begin repayments earlier and increasing contributions from those receiving pay rises. Consumer champion Martin Lewis called the move not moral and urged graduates to contact MPs, describing it as a breach of contract. Many readers argue the current system favors the wealthy and university executives while burdening middle- and low-income graduates. Proposed reforms include interest write-offs, means-tested grants, employer contributions, and treating education as a national investment with shared costs.

Read at www.independent.co.uk