Welsh Government Confirms Freeze on Plan 2 Student Loan Repayment Thresholds for Three Financial Years

The Welsh Government has announced that the income threshold for Plan 2 student loan repayments will remain at £29,385 for the financial years 2027-28 to 2029-30. This decision, influenced by the UK Government's freeze for English Plan 2 borrowers, means Welsh borrowers will not see an increase in the threshold at which they begin repaying their loans.