Rachel Reeves insists student loans are 'fair' - but LBC callers disagree
The Chancellor has told LBC the student loan system is "fair" - but LBC callers Elliott and Kieran beg to disagree.
| Updated: 29 Jan 2026
5.8 million people who took out a student loan between 2012 and July 2023 are on a Plan 2 repayment plan, which sees interest at RPI inflation - plus up to three per centage points depending on earnings.
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00:00 | Caller Elliott is a registered nurse... he owes over £100,000.
04:30 | Caller Kieran is a lawyer. He reckons he'll pay £250,000 back of his £27,000 loan over his lifetime.