The government’s current 6% cap on student loan interest is a step in the right direction for protecting Plan 2 loan holders. However, capping the rate at 6% rather than allowing it rise to 7.1% as implied by March’s RPI rate will benefit only students who will pay back their loan in full. It will have no impact on the majority of students because the majority have their loan written off before they finish paying it off. (Conclusion, Paragraph 44)