"The student loan system in the UK is broken. Since 2010, governments have taken the politically convenient option of loading burdens onto younger generations and just hoping they won't notice. My committee, made up of MPs from across the political divide, has been investigating the student loan system, including running a survey which received over 52,000 responses. And we want to thank everyone who took the time to share their experiences. Our report says that the government must reverse the November budget decision to freeze the threshold at which university graduates start repaying their student loans. The government must also change how information is communicated to people before they take out their student loans, so it is much clearer that their terms could change. And we believe there are huge societal benefits from people going to university, so the state should therefore take on more of the burden of paying for it. In particular, the government should aim for the balance of who pays for university education to be 50-50 between the individual and the state. I believe that if the government makes the changes set out in our report, it will go some way to repairing the relationship between graduates and those responsible for overseeing their student loans. Read our report on our website."