Consultation outcome

Freezing the student loan repayment threshold

This consultation has concluded

Download the full outcome

Freezing the student loan repayment threshold - equality analysis

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Detail of outcome

We’ve decided to implement a repayment threshold freeze for all borrowers with post-2012 (‘Plan 2’) loans. The repayment threshold will be £21,000 at April 2016, and it will not be uplifted until at least April 2021, when the threshold will be reviewed.

The ‘upper’ interest threshold of £41,000 will be frozen at the same time to ensure that variable interest rates applied for those earning between £21,000 and £41,000, remain unaltered.

Detail of feedback received

We received 489 responses from a wide variety of interested parties including:

  • individuals
  • universities
  • students’ unions
  • higher education representative bodies
  • businesses and business organisations
  • professional bodies

Original consultation


We're seeking your views on keeping the student loan repayment threshold at £21,000 for 5 years.

This consultation ran from

Consultation description

We are consulting to gather views on a proposal to keep the student loan repayment threshold at the same level for 5 years.

This new proposal was announced in the Budget on 8 July. The government wants to ensure higher education remains open and affordable to students, graduates and taxpayers in the long-term.


Published 22 July 2015
Last updated 25 November 2015 + show all updates
  1. Added the government response, including summary of responses, and the equality analysis.

  2. First published.