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NUS urges ‘loan shark’ Reeves to reverse changes to student debt repayment

Wednesday 11th February 2026

Policy announced in autumn budget freezes threshold at which students start repaying university loans

Protesters dressed as sharks and in Rachel Reeves face masks gathered outside the Houses of Parliament on Wednesday to express their anger over changes to their student loans and their ballooning debt.

The demonstration by members of the National Union of Students (NUS) characterised the chancellor as a loan shark after changes to university loan repayments.