Select committee: Treasury Committee
Conclusion 25
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)
Most current student loan holders will never pay off their loan, which will function like a 30- or 40-year supplementary income tax. Many people told us that the debt acts as a psychological burden, unlike future income and national insurance taxation. (Conclusion, Paragraph 95) 43
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).