Written question asked by Peter Law (Independent (affiliation)) on Friday, 24 March 2006, in the House of Commons. It was due for an answer on Tuesday, 28 March 2006. It was answered by Bill Rammell (Labour) on Tuesday, 18 April 2006 on behalf of the Department for Education and Skills.
Student Loans
- Question
- To ask the Secretary of State for Education and Skills what assessment she has made of the impact of interest payable on unpaid student loans on the ability of graduates to repay loans.
- Answer
-
Interest is only charged on student loans in line with inflation, which means no borrower pays back more in real terms than the value of the loan they took out. Borrowers repay loans at a fixed percentage of salary once their earnings reach the repayment threshold so fluctuations in the interest rate do not affect the monthly repayment amount.
Secondary information
- Type
- Written question
- Reference
- 62314; 445 c184-5W;445 c184-5W
- Session
- 2005-06
- Subjects
- Loans Repayments Students
Librarians' tools
- Timestamp
- 2013-11-25 20:49:27 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1127624
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1127624
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1127624