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71,000 Plan 2 loan borrowers to receive refunds after balance errors

Published 19 June 2026

The Student Loans Company and HM Revenue & Customs have confirmed that technical errors have led to incorrect loan balances for approximately 71,000 graduates on Plan 2 student loans. The organizations are now contacting all affected borrowers to correct their accounts, with refunds to be issued to those who overpaid.

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