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.
@AmyWamy78@manxambassador Agreed. I imagine in Douglas Victoria road store is so close by hardly anyone will be using the express if they realise the price differences.
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@ItzJack1995@El_Loco_Jo Oh yeah not everyone doesn’t do it in December but either way it’s normally booked in well in advance and even if not that doesn’t permit rudeness at all!
@El_Loco_Jo@ItzJack1995 Yeah and most hospitality venues are so busy in December (and don’t want to lose out on the festive trade!) they have their staff parties in November or January