L

Lord Sikka (Lab)

Speaking in the House of Lords on 10 March 2026

Debate

Student Loan System

Contribution

My Lords, the unjust loan system forces many graduates to bear real rates of interest and make repayments while earning less than the median wage. Millions of people are prevented from buying a home or starting a family or business. The Government have many policy options. These include abolishing university tuition fees, as in Scotland, charging only nominal rates of interest, cutting the repayment rate and aligning the repayment threshold with the median wage. Which of these policies does the Minister find attractive?

More from Lord Sikka (Lab)

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites