Martin Lewis has issued a warning to people who earn a certain amount of money (Image: ITV)

Consumer guru Martin Lewis says people earning over a certain amount may end up "paying more in total". His warning is for people who have student loans.

His advice comes following Chancellor Rachel Reeves’ Budget announcements. Currently, graduates on Plan 2 student loans - those who attended university between 2012 and 2023 and paid £9,000 or more for tuition each year - repay 9% of everything they earn over £28,470.

From next April, that will go up to £29,385, which will be frozen for the next three years. Freezing the threshold instead of raising it each year as wages go up means that each year, more people will begin repaying as salaries increase. This comes as Martin Lewis also issu

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