Students: Loans
Lords · Question HL8524 · Tabled 17 Jun 2025 · Department for Education · Official record
Answered 26 Jun 2025
Question
Asked by Lord Cashman
To ask His Majesty's Government what plans they have to address high levels of interest some graduates pay on student loans.
Answer
Answered by Baroness Smith of Malvern, 26 Jun 2025
Student loans are subject to interest so as to ensure that those who can afford to do so contribute to the full cost of their degree.Interest rates on student loans do not affect monthly repayments made by borrowers. Regular repayments are based on a fixe...