U.K. MPs launched a Treasury Committee inquiry into student loans this week amid growing public dissatisfaction after the government froze the Plan 2 repayment threshold. The inquiry will examine repayment fairness, the impact of frozen thresholds on graduates, and the broader tax‑like burdens graduates face. Former deputy prime minister Nick Clegg publicly called the tuition‑loan system "a mess," urged a return of maintenance grants and recommended restoring the inflation linkage on repayment thresholds. Committee chair Dame Meg Hillier said the probe would assess whether the goalposts have been moved unfairly and scrutinize interest‑rate policies tied to RPI plus margins. The inquiry could trigger policy reversals or reforms affecting future cohorts, loan affordability, and higher‑education access. Universities, student unions and lenders will likely be pulled into the review as MPs consider changes that could reshape tuition financing and repayment expectations across England and Wales.
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