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Students: Loans

Asked by Neil O'BrienConservativeDepartment for EducationTabled Answered 23 October 2024UIN 6456

The 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.

Answered by Janet Daby

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.

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