Chemistry grad from UEA. I’ve spoken with Greg James on BBCR1 Breakfast about “Everybody in the club getting Chips”, the national anthem of Uruguay, and more!
@KemiBadenoch@Conservatives Cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
@Helen_Whately@Conservatives Cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
@Conservatives Your proposed change would only help the highest earners and has no significant impact on the average graduate. Please stop claiming this as helping students unless you propose a change that actually reduces monthly repayments / removes already accumulated interest
@MartinSLewis Cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
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.
@KemiBadenoch@Conservatives But cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
@Conservatives But cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
@Conservatives But cutting interest rates after ten years of egregious rates doesn’t help. Loans are still massively over what was borrowed, and repayment amounts would still be the same (worse if frozen). Reducing the interest now doesn’t actually change anything
@implausibleblog I accepted 9k tuition fees in 2012. Borrowing wasn’t the problem. Being sold one set of terms at 18 and then having them worsened or realised later through interest, rule, and threshold changes is
"I noticed that you need to earn £66,000 before you start tackling the actual debt, not just the interest" - @AnnaJonesSky
President of the National Union of Students, Amira Campbell, joined Anna and @KamaliMelbourne to chat about the interest rate on student loans