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Written question asked by Gregory Campbell (Democratic Unionist Party) on Thursday, 18 June 2026, in the House of Commons. It was due for an answer on Tuesday, 23 June 2026 (named day). It was answered by Josh MacAlister (Labour) on Thursday, 25 June 2026 on behalf of the Department for Education.


Students: Debts

Question

To ask the Secretary of State for Education, whether she has set a target for an expected reduction in the level of student debt between now and 2029.

Answer

Education is a devolved matter, and the response outlines the information for England only.

The projected outstanding student loan balance through to the 2073/74 financial year is available here: https://explore-education-statistics.service.gov.uk/find-statistics/student-loan-forecasts-for-england/2024-25#section-long-term-student-loan-projections.

There is no expectation for a reduction in the overall nominal level of student loan debt. As demonstrated in the data, the department expect the outstanding student loan balance to grow, with more students attending higher education and the forecasted level of annual outlay for new student loans expected to exceed the forecasted level of repayments received from existing borrowers each year.


Secondary information

Type
Written question
Reference
11114
Session
2026-27
Subjects
Debts Students
Link
View this Written question on www.parliament.uk