To protect current graduate borrowers from an increase in inflation, the government will cap student loan interest rates

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Published: 8:23 am June 11, 2022

Updated: 8:07 pm March 8, 2026

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The government will seize every opportunity to shield the public from rising living costs and global economic pressures. The government has taken unprecedented steps to bring the decision forward, based on predicted rates, in order to provide reassurance to student loan borrowers on Plan 2 (undergraduate) and Plan 3 (postgraduate) loans.

To protect current graduate borrowers from an increase in inflation, the government will cap student loan interest rates

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