Phone Contract Comparisons 'Amounted to Mis Selling' Student Loans, MPs Say The Treasury Committee's report on student loans has exposed a disturbing truth: that the loan system is fundamentally flawed, mis sold, and unsustainable.
By comparing student loan repayments to phone contracts or cinema tickets, the government effectively misled young people about the true nature of their debt burden.
The report highlights how the Student Loans Company prioritizes repayment over supporting students through their education.