Article 76T9K Student loan promotion in England and Wales amounted to mis-selling, MPs say

Student loan promotion in England and Wales amounted to mis-selling, MPs say

by
Hilary Osborne
from World news | The Guardian on (#76T9K)

Treasury select committee also says ministers have moral obligation to reverse last year's repayment threshold freeze

Slideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.

The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at 29,385 for three years from April 2027.

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