Select committee: Treasury Committee
Conclusion 19
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)
As no government can bind its successors, all government promotions should clearly state that “the future terms and conditions of your loan can be changed retrospectively by future governments”. The statement provided in some historic materials that “all policies are kept under review” is not sufficiently clear and in our view would amount to a breach of the FCA’s Consumer Duty. (Recommendation, Paragraph 84)
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).