POLITICSTHE GUARDIAN WORLD
Student loan promotion in England and Wales amounted to mis-selling, MPs say
MPs in England and Wales allege that government promotions for student loans constituted mis-selling, citing misleading materials like slideshows and videos that omitted key terms. The Treasury select committee also stated ministers have a moral obligation to reverse a recent repayment threshold freeze, which was set to remain at £29,385 until April 2030.
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Adjacent reporting
- Burnham urged to end freeze in salary threshold for student loan repayments
- 'Students were misled': Top committee chair issues stinging criticism of university loans
- Government accused of making £679m 'profit' off graduates via student loan changes
- Millions of student-loan borrowers risk facing debt collectors who were penalized for 'misleading' behavior