The interest rates on Plan 2 student loans are set to be capped at six per cent, but experts warn it's "a plaster on an already festering wound". The Government is capping the maximum interest rates on Plan 2 and 3 student loans at six per cent from September 1, for the 2026/27 academic year, it has been announced. This measure will protect students and graduates in England and Wales from the potential of inflation pressures due to the war in the Middle East. This reform removes the risk of any

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