Caerphilly Observer
Member Sign in Manage Membership
Become a Member - no ads
Menu
  • News
    • Senedd
    • Business
    • Newport
    • Opinion
  • Sport
    • Rugby union
    • Football
  • Membership & Subscriptions
  • Notices
  • Obituaries
  • About
    • Advertise
  • Sponsored Content
Menu

Wales to retain current student repayment loan system, despite changes in England

News | Rhys Williams | Published: 16:24, Wednesday May 3rd, 2023.
Last updated: 19:00, Wednesday October 18th, 2023

Support quality, independent, local journalism…that matters

From just £1 a month you can help fund our work – and use our website without adverts. Become a member today

Wales' Education Minister Jeremy Miles
Wales’ Education Minister Jeremy Miles

The student loan repayments system will remain unchanged in Wales, despite changes in England.

Currently, anyone who began their course in September 2012 or later only pays back their loan once they start earning £27,295 annually, with a 30-year repayment term.

Changes in England would see this threshold lowered to £25,000 annually, with a 40-year repayment term for anyone starting their course in or after September 2023.

The Welsh Government’s education minister, Jeremy Miles, has confirmed Wales will be retaining the current system, not adopting the changes introduced across the border.

What is devolution?

Mr Miles hit called the changes introduced by the UK Government as “regressive” and said they “benefit the highest earners and worsen the position of middle and lower earning graduates”.

He continued: “Though Wales’ repayment system has historically been aligned to England’s, my view is that the new system in England is not a good deal.”

He said the changes “worsen the position for middle and lower earning graduates” and disproportionately affect women.

Mr Miles added: “We certainly shouldn’t be asking teachers, nurses and social workers to pay more, while the highest earners pay less.”

While these changes are being introduced in England, Welsh students will not be affected, even if they studied at an English university.


Sign-up to our daily newsletter


Support quality, independent, local journalism…that matters

From just £1 a month you can help fund our work – and use our website without adverts.

Become a member today

Welsh Government

Latest News

  • All 60 Senedd Members have signed Vikki Howells' letter
    Senedd Members remember Hefin David and call for change in suicide reportingThursday, April 2, 2026
  • 36 Penallta Road, Ystrad Mynach, pictured in June 2025
    HMO plans turned down over flood riskThursday, April 2, 2026
  • The fire engine being donated to Kharkiv Airport in eastern Ukraine
    Fire engines from south Wales donated to war-torn UkraineThursday, April 2, 2026
  • Polling stations
    One week to go for election hopefuls to submit their nomination papersThursday, April 2, 2026
  • From left: Gareth Jones, Shaun Nicholls, and Diane Elmer
    New pre-loved shop supporting adults with learning disabilities into workThursday, April 2, 2026
  • Ambulance response times improve across GwentThursday, April 2, 2026

Find out how the communities of Caerphilly County Borough get their names

Caerphilly

Legal & Public Notices

  • Planning notice for land south of Valley View, Cefn HengoedThursday, April 2, 2026
  • Caerphilly County Borough Council public noticesThursday, April 2, 2026
  • Notice of application for a variation of a premises licence: Ffos CaerffiliMonday, March 30, 2026
  • Notice of application for a premises licence: Machen Cricket ClubMonday, March 30, 2026
© 2009-2026 Caerphilly Media Ltd, Caerphilly Miners Centre for the Community Watford Road Caerphilly, CF83 1BJ. Incorporated in Wales No. 07604006.