Josh MacAlister

Josh MacAlister

Labour — Whitehaven and Workington

Speaking in the House of Commons on 25 February 2026

Debate

Student Loan Repayment Plans

Contribution

I can confirm, as the Secretary of State for Education said earlier this week, this is an issue that we will, of course, look at. The plan 2 system was introduced in 2012 by the Conservatives and the Liberal Democrats in coalition. At the time, my party raised concerns about the design of that student loan package. When it was introduced, the threshold for repayment was only £21,000. Having said they would increase the threshold, the Conservatives and Liberal Democrats then froze it. They froze it in 2012, its first year; they froze it in 2013, in 2014 and in 2015: four years of Liberal Democrat and Conservative freezes to thresholds. The Conservatives then froze it in 2016. They froze it in 2017 and then again in 2021, 2022, 2023 and 2024. In total, there was a decade’s worth of freezes by parties who designed the model that they now stand here criticising. There is one phrase for that: crocodile tears.

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