UK caps student loan interest at 6%: A brake on debt, not quite a rethink
UK caps interest on Plan 2 (undergraduate) and Plan 3 (postgraduate) student loans at 6% to limit inflation-driven growth in loan balances while leaving income-linked repayments unchanged. Image: AI generated For years, the politics of student debt in Britain has turned on a quiet contradiction. Repayments are designed to feel manageable—tied to what graduates earn….