I think it's pretty good. And I don't see why low income families won't make use of it. Everyone so far seems to presuppose that the loan will be the max of £2,000. It doesn't have to be, it is UP TO £2000. It could be a couple of hundred - maybe enough to get a decent beginner instrument, but still too expensive to shell out all at once. I don't see why it couldn't be used by people of below average income.