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Written question asked by Neil O'Brien (Conservative) on Friday, 4 October 2024, in the House of Commons. It was due for an answer on Tuesday, 8 October 2024. It was answered by Janet Daby (Labour) on Wednesday, 23 October 2024 on behalf of the Department for Education.


Students: Loans

Question

To ask the Secretary of State for Education, how many graduates of each higher education institution (a) have outstanding student loans and (b) are paying off such loans.

Answer

The attached table shows the number of borrowers who are liable to repay (i.e. are past their Statutory Repayment Due Date (SRDD) and have an outstanding loan) and of those, how many have ever made a repayment, split by Higher Education Provider (HEP).

The data has been supplied by the Student Loans Company. The data is for England domiciled borrowers who undertook full-time undergraduate courses. Please note the following caveats regarding the data:

  • The data is not directly comparable across HEPs due to different course offerings, student numbers, communities served, and demographics of student cohorts. For example, some demographics of graduates may be more likely to take part-time employment, which is less likely to result in earnings over the repayment threshold.
  • Borrowers from newer providers, where the majority have only just passed their SRDD, are less likely to have made a repayment as yet.
  • The figures represent a snapshot in time and will change as borrowers pass their SRDD and may move into employment.
  • Figures less than 11 in the ‘liable to repay’ column and less than 6 in the ‘repaying’ column have been suppressed.
  • Where HEPs’ names are duplicated, this can be for a number of reasons, including two different providers having the same name.

Secondary information

Type
Written question
Reference
6456
Session
2024-26
Attachment
6456_table
Subjects
Graduates Loans Repayments Students
Contains statistics
Yes
Link
View this Written question on www.parliament.uk