Select committee: Treasury Committee
Conclusion 6
1st Report – Student loans: Broken and unfair?
Published 7 Jul 2026
Addressed to HM Treasury
Treasury Committee Student loans and taxation of graduates All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
Intergenerational fairness is fundamental to maintaining a functional society. A responsible government would pay close attention to it. Ministers must decide where to spend and cut based, at least partially, on which portions of the population need help or can afford to carry more of the burden. The student loan system is layering stress on to people in their 20s and 30s in a way that did not apply to previous generations. The country needs the younger generation to be the engine room of Britain in the years to come. Although balancing the books today is important, the government cannot always choose the politically convenient option of loading additional fiscal burdens on to younger generations while hoping that young people will not notice the extra weight for decades to come. (Conclusion, Paragraph 30) Interest rates
From: Treasury Committee, 1st Report – Student loans: Broken and unfair? (HC 14), 7 July 2026
Government response
The government responded to the whole report on 13 September 2026 (deadline 7 September 2026).