Dossier
Treasury Select Committee
Coverage of Treasury Select Committee in the Nexus archive.
- 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.
- ‘A tax on ambition’: graduates tell all to student loans inquiry
The Treasury select committee heard from over 52,000 graduates who criticized student loan interest rates and repayment terms as 'extortionate' and 'not reasonable.' The inquiry highlights widespread frustration over the 'ballooning cost of degree course debts' and the financial burden on graduates.