Freeze on student loan repayment threshold could leave graduates struggling, NUS warns

• The National Union of Students (NUS) has raised concerns over a three-year freeze on the student loan repayment threshold, set to remain at £29,385 starting April 2027. This decision could force graduates in low-paid jobs to repay their loans sooner, potentially impacting their ability to manage essential living costs such as food and rent.
• This development is significant as it highlights the financial strain on new graduates, particularly those entering the workforce with lower salaries. The NUS warns that this could exacerbate existing challenges faced by young professionals in an already difficult economic climate.
• The freeze on the repayment threshold occurs amid broader discussions about the UK's cost of living crisis, with Chancellor Rachel Reeves announcing a budget that includes substantial tax increases. This context underscores ongoing debates about financial support for students and the balance between fiscal responsibility and the economic well-being of young workers.

— via World Pulse Now AI Editorial System