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How the Conservative Party plans to cut student loan interest rates | BBC Politics Live

Posted

February 23, 2026

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The Conservative Party would cut the rate of interest charged on some student loans issued in the decade up to 2023, Kemi Badenoch has said.

An estimated 5.8 million people took out Plan 2 student loans between 2012 and 2023.

Education Secretary Bridget Phillipson said that she intends to look at changing the system as the government faces pressure to reduce student debts, including from some Labour MPs.

In the studio, Labour MP Catherine Atkinson, Shadow Scotland Secretary Andrew Bowie MP, Stefan Boscia from The Times debated this issue with presenter Vicki Young.

For more news, analysis and features visit: www.bbc.com/news

#PoliticsLive #StudentLoans #BBCNews

Guests & Subjects Covered

The Conservative PartyKemi BadenochEducation Secretary Bridget PhillipsonLabour MPs InThe TimesVicki Young ForPoliticsLive StudentLoans BBCNews

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