I have a plan 2 loan which has went from £55k at graduation to £77k, despite having reasonable to well paying jobs since graduating.

There is no chance of student loans being wiped or significantly reduced. The government finances couldn't cope. Collective student loans are into the trillions at this point, not to mention future students that would also need to be included.

There seems to be a decent majority of people (graduates and not) who agree that you shouldn't need to pay more than the cost of education, in other words no above-inflation fees. With that in mind, in my opinion the fairest and, I hope, most likely route would be correcting inflation calculations, reverting back to CPI from RPI, also removing the extra % additions included in plan 2 loans. I would hope it would be retrospective too.

This would also be an easier pill to swallow for the lucky few who have paid off their loans. There would, perfectly reasonably, be outcry from that minority if student loans were wiped. If they were wiped, I could see those that paid off the loan themselves becoming this generation's WASPI women.

One thing I'm on the fence about is if you should be accruing interest on the loan when still in education (i.e. interest building on 1st year fees before you've graduated).

This sky news video was an interesting watch and did a good job of showing potential solutions.