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Martin Lewis says freezing student loan repayment threshold ‘not a moral thing to do’

Summary by The Independent
Martin Lewis has issued a stark message to Chancellor Rachel Reeves over the decision to freeze the student debt repayment threshold. In the Chancellor's budget in November, it was announced that the salary at which graduates must begin to repay their plan 2 student loan is being frozen at £29,385 for three years from April 2027. Speaking on BBC Newsnight on Wednesday (28 January), the MoneySavingExpert founder said, "it's not a tax, it's a cont…

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The Independent broke the news in London, United Kingdom on Thursday, January 29, 2026.
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