Ex-Liverpool captain and legend Steven Gerrard launched his football and education academy in 2011.
She says she stands by past comments that the interest charged on Plan 2 loans is "egregious".
She will work closely with Lucy Powell, having lost out to her in the deputy leadership contest.
Labour's deputy leader Lucy Powell spoke to the BBC ahead of Andy Burnham becoming the UK's prime minister today.
Labour's deputy leader wants party members to be "one team" before the Gorton and Denton by-election.
The government has repeatedly refused to rule out increasing income tax in this month's Budget.
Chris Mason looks at what Lucy Powell's return to frontline politics might mean for Labour.
She defeated Education Secretary Bridget Phillipson in a race triggered by Angela Rayner's resignation.
A Labour activist since the age of nine, the Manchester MP has promised to be a voice for party members.
