27/06/2026
🎓 **LABOUR CONSIDERS RAISING STUDENT LOAN REPAYMENT THRESHOLD TO £33,500**
Millions of graduates could receive a financial boost under Government plans to increase the student loan repayment threshold to **£33,500**, allowing borrowers to earn more before they begin repaying their loans.
The proposal is being considered as part of a wider review of higher education funding. Supporters say increasing the threshold would leave graduates with more disposable income, helping them manage the rising cost of living while easing financial pressure on younger workers.
However, economists have warned that raising the threshold could increase the long-term cost to taxpayers, as graduates would repay less each year and more debt could eventually be written off. Others argue broader reform of the student finance system is needed, rather than changes to repayment thresholds alone.
No final decision has been announced, and ministers are expected to set out further details once the review is complete.
**Do you support raising the student loan repayment threshold to £33,500, or should the Government focus on reducing tuition fees instead?**