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New Student Loan rates revealed

ended 19. August 2025

The Department for Education today (19 August 2025) confirmed annual updates to interest rates for undergraduate and postgraduate Income Contingent Student Loans, repayment thresholds for Plan 1 and Plan 5 Income Contingent Student Loans, and the interest rates and deferment threshold for Mortgage Style Student Loans. Full report and stats >> here <<. Thoughts ASAP please. Impact on tenants and affordability? Any other impacts on household finances? 

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Stephen Perkins
Managing Director at Yellow Brick Mortgages
It is easy to see why universities are struggling. With the increasing long term cost of obtaining a degree, and facing interest rates over 6% while still in a job barely above minimum wage will make many decide against enrolling. The idea was originally to spread the cost of going to university over your working life, with low interest rates just in line with inflation and the principle that a degree will help you secure a higher paying job. Now, there is no truth in any of those ideals and unless training to be a doctor or a lawyer, going to university doesnt make financial sense.