Summary
Sir Keir Starmer, a UK political leader, stated he would consider making student loans fairer in response to criticism that the current system traps graduates in debt. This came after Conservative leader Kemi Badenoch pushed for lower interest rates, arguing the system is broken. Starmer mentioned past efforts to improve it and further planned changes.
Key Facts
- Sir Keir Starmer said he would explore ways to make student loans in England "fairer".
- Kemi Badenoch, the Conservative leader, called the student loan system a "debt trap" and at "breaking point".
- Badenoch urged a cut in interest rates for student loans to aid graduates.
- Starmer noted previous introduction of maintenance grants to help with student loan issues.
- Chancellor Rachel Reeves announced a freeze on the salary threshold for loan repayments last year.
- The average household energy bill is expected to decrease by £117 this year.
- The debate included discussions on lowering the cost of living as a broader economic improvement.
