New U.K. education secretary Lucy Powell said the student loan system is “fair,” putting student loan interest rates for England’s Plan 2 loans “at the top of [her] in-tray.” Powell reiterated concerns that Plan 2 borrowers face an interest rate of RPI plus 3%—a structure she previously called “egregious.” Her remarks follow existing policy decisions, including a repayment-threshold freeze for Plan 2 between 2027 and 2030 and government caps on interest for some loans, and they come amid renewed political scrutiny of whether comparisons to phone contracts or cinema tickets amounted to mis-selling. Campaigners want changes that would reverse elements of the prior government’s approach, but Powell signaled only that the issue needs review, without promising a specific outcome.