Written question asked by Mike Wood (Batley and Spen) (Labour) on Friday, 9 February 2001, in the House of Commons. It was due for an answer on Thursday, 15 February 2001. It was answered by Malcolm Wicks (Labour) on Thursday, 15 February 2001 on behalf of the Department for Education and Employment.

Dept for Education and Employment

Question: To ask the Secretary of State for Education and Employment, what the average value is of the debt owed by a student leaving university. - Inc figure and fact that information on private sector debt such as overdrafts not available centrally.

Answer: Mr. Wood: To ask the Secretary of State for Education and Employment what the average value is of the debt owed by a student leaving university. [150422] Mr. Wicks: The average debt of a borrower with a mortgage-style student loan entering repayment at the start of the financial year 1999-2000, the latest date for which data are available, was £3,210. Information on private sector debt such as overdrafts and other commercial loans is not available centrally.

Secondary information