\n<\/p>\n
In last year\u2019s budget Rachel Reeves froze the salary threshold for plan 2 loan repayments for three years from April 2027 \u2013 which means borrowers will have to pay even more towards their student loans as they benefit from pay rises.<\/p>\n
Student finance is made up of a tuition fee loan, which covers course fees and is paid directly to the university, and a maintenance loan, which is designed to help with costs such as rent and food.<\/p>\n
Both need to be paid back, and interest is added to the balance each month from the moment the first payment is made to the student and\/or their university, until the loan has been repaid in full or written off.<\/p>\n
If you\u2019re a graduate in England and Wales, we\u2019d like to find out how are you managing to pay off your loan. Have you experienced large increases in outstanding debt? Do you have concerns?<\/p>\n
Share your experience<\/p>\n
Share your views and experience in the form below or by messaging us.<\/p>\n
Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide.<\/p>\n
How are you faring with paying off your loan? <\/p>\n
Please include as much detail as possible. <\/p>\n
Have you experienced large increases in loan repayments? Optional<\/span><\/p>\n Please include as much detail as possible. <\/p>\n Do you have concerns? Optional<\/span><\/p>\n Please include as much detail as possible. <\/p>\n If you are happy to, please upload a photo of yourself here Optional<\/span><\/p>\n Please note, the maximum file size is 5.7 MB.<\/p>\n Choose file<\/p>\n Can we publish your response? <\/p>\n You can add more information here Optional<\/span><\/p>\n If you include other people’s names please ask them first.<\/p>\n Would you be interested in speaking to our audio and\/or video teams? <\/p>\n By submitting your response, you are agreeing to share your details with us for this feature.<\/p>\n Submit<\/p>\n If you\u2019re having trouble using the form click here. Read terms of service here and privacy policy here.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" In last year\u2019s budget Rachel Reeves froze the salary threshold for plan 2 loan repayments for three years from April 2027 \u2013 which means borrowers will have to pay even more towards their student loans as they benefit from pay rises. Student finance is made up of a tuition fee loan, which covers course fees<\/p>\n","protected":false},"author":1,"featured_media":43482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[311,7117,3848,2015,21071,1376,393,2361,123],"class_list":{"0":"post-43481","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education","8":"tag-england","9":"tag-finance","10":"tag-graduates","11":"tag-loan","12":"tag-repayments","13":"tag-share","14":"tag-student","15":"tag-views","16":"tag-wales"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/43481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43481"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/43481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/43482"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}