Student Loan Interest Rates - Question

Part of the debate – in the House of Lords at 11:38 am on 27 March 2024.

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Photo of Baroness Twycross Baroness Twycross Opposition Whip (Lords), Shadow Spokesperson (Education) 11:38, 27 March 2024

My Lords, the Student Money Survey last September found that 18% of students had used a food bank in the 2022-23 academic year, up from 10% in 2021-22. The annual inflation rate peaked at 9.6% in the year to October 2022, yet for the 2022-23 academic year, the value of student maintenance loans for living costs rose by only 2.3%. What are the Government doing to ensure that students can focus on their studies and not worry about how they are going to feed themselves?