# Martin Lewis warns student loan overpayment risk

> Martin Lewis warns millions could throw money away on student loans due to overpayment risks.
- Title: Martin Lewis warns student loan overpayment risk · LADbible
- Summary: Martin Lewis warns millions could throw money away on student loans due to overpayment risks.
- Keywords: student loan, plan 2 loans, overpayment risk, martin lewis, student loan repayments, uk government loans, earnings threshold, student loan debt, LADbible
- Source: LADbible — https://ladbible.com/money/martin-lewis-money-warning-student-loan-debt-repayments-565195-20261114
- Published: 2026-11-14T17:17:23.774+00:00
- Read time: 1 min
- Topics: student loan, plan 2 loans, overpayment risk, martin lewis, student loan repayments, uk government loans, earnings threshold, student loan debt, entertainment, culture, news
## Student loan overpayment risk
Martin Lewis warns people on some repayment plans could throw money away due to overpayments.

> throwing money away
## Plan 2 loan structure
5.4 million people with Plan 2 loans have earnings thresholds of £29,385 per year.
## Earnings threshold impact
Most people won't clear student loan debt due to low earnings thresholds.
## 70% overpayment risk
Around 70 percent of Plan 2 borrowers won't pay off student loans in full.
## Stealth tax criticism
Student loans are likened to a stealth tax with interest rates above inflation.
## Key takeaway

Martin Lewis warns 70% of Plan 2 student loan borrowers won't clear debt due to overpayment risks.