VerbatimParliament, as it happens

Students: Loans

Asked by Sarah RussellLabourDepartment for EducationTabled Answered 2 April 2026UIN 118086

The question

To ask the Secretary of State for Education, what estimate she has made on the number of people with a Plan 3 student loan in England and Wales; and what is the total value of those loans.

Answered by Josh MacAlister

The number of England‑domiciled borrowers with a Plan 3 student loan was 603,000, rounded to the nearest thousand, and the total value of those loans was £6.521 billion, rounded to the nearest million, as of 31 March 2025.

Education is a devolved matter, and the Welsh Government is responsible for providing equivalent figures for borrowers in Wales.

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