Students: Loans
Commons · Question 110564 · Tabled 3 Feb 2026 · Department for Education · Official record
Answered 16 Feb 2026
Question
Asked by Claire Young
To ask the Secretary of State for Education, what recent estimate her Department has made of the (a) proportion of Plan 2 student loans that will be fully repaid within the 30-year term and (b) average total interest accrued by a Plan 2 borrower over the
Answer
Answered by Josh MacAlister, 16 Feb 2026
Based on current modelling, 32% of the 2022/23 cohort of England-domiciled Plan 2 student loan borrowers are expected to fully repay their loans within the 30 year loan term. Student loan forecasts can be found here: https://explore-education-statistics.s...