3 articles tagged with Plan 5 Student Loan.
Plan 2 and Plan 5 student loans both charge 9% above a repayment threshold, but the thresholds and write-off terms are very different — and it makes a real difference to lifetime repayment for many graduates. Here's the side-by-side comparison.
A GBP 33,000 graduate salary looks healthy until the Plan 5 student loan and pension auto-enrolment land. Here is the full 2026/27 take-home, deduction by deduction.
A new graduate earning GBP 28,000 with a Plan 5 student loan keeps roughly GBP 23,000 a year after income tax, National Insurance and loan repayments. Here is the full breakdown for 2026/27.