A Bill to limit the rate of interest chargeable on outstanding student loan debt; and for connected purposes.
The bill would cap the rate of interest charged on outstanding student loan debt, aiming to make repayments more affordable. It sets a maximum interest rate and includes related provisions on how interest is calculated and applied. In short, it seeks to reduce the overall cost of repaying student loans for borrowers.
The bill is currently at its second reading in the House of Commons, the earliest stage of parliamentary scrutiny.
Generated 21 February 2026
No recorded votes for this bill yet.