Research Briefing
Freezing the student loan repayment threshold
In September 2012 the Government made significant changes to the student finance system: tuition fees for full-time undergraduate degrees were raised to £9,000 per year, the loan repayment threshold was raised to £21,000 and a new tiered rate of interest was introduced for student loans. In 2015 the Government issued a consultation on freezing the loan repayment threshold for five years. In November 2015 the Government announced in the Spending Review that it had decided to freeze the repayment threshold for all post-2012 loans until at least April 2021.