The govt's Student Loan Plan 2 repayment freeze in April 2027 must be reversed. It isn't moral.
I'm concerned that my debate with Kemi Badenoch this morning distracts from the most immediate problem. In April 2027 Rachel Reeves will freeze the Plan 2 student loan threshold until 2030 which by then will increase graduate repayments by £300/yr more.
This is effectively a unilateral negative breach of the student loan contract. Students were told the threshold would rise with average earnings. No commercial lender would be allowed to do this. The govt shouldn't do it either.
Changing the terms of future students loans is a political decision - people may not like it but it is transparent. Negatively changing the terms of contracts already signed, and long in place, is a breach of natural justice.
I manage a bar & I had enough of customers being rude while waiting for drinks. So I decided to create a 'cunt' button on the till where it adds £2.50 to their bill. Proceeds made from that button went to our Xmas do. Last year's button got us £12k.
Apricate (17th century): to turn your face to the winter sun and bask in it for a moment.
(I know, I’ve said it before, but it’s too beautiful to forget.)