Plan B student loans: Education secretary says she 'sees the issue'.

Education Secretary Bridget Phillipson said she will "look at" Plan B student loans but did not promise concrete reforms; the repayment threshold will remain frozen at £29,385 for three years.

The Education Secretary, Bridget Phillipson, said she would "look at" the Plan B student loan system as concerns grow over rising costs. She stopped short of promising concrete reforms when questioned by broadcasters. The repayment threshold has been frozen at £29,385 for three years following the November budget. Interest on these loans is charged at RPI plus up to 3%, varying with a graduate's earnings. Key points: - Bridget Phillipson said she will "look at" Plan B but did not commit to specific changes. - The repayment threshold is frozen at £29,385 for three years, as set out after the November budget. - Interest on Plan B loans is set at RPI plus up to 3%, with the exact rate depending on earnings. - Conservative proposals mentioned in the article include capping interest at RPI and reducing some university places; these proposals were criticised by Ms Phillipson. Summary: The minister acknowledged concerns about the cost of Plan B loans but no policy change has been announced. Undetermined at this time.