Students: Loans
Commons · Question 113321 · Tabled 12 Feb 2026 · Department for Education · Official record
Answered 26 Mar 2026
Question
Asked by Vikki Slade
To ask the Secretary of State for Education, whether she has made an assessment with Cabinet colleagues of the potential impact of interest rates on student loans on graduates’ likelihood of becoming home owners.
Answer
Answered by Josh MacAlister, 26 Mar 2026
Interest rates do not impact monthly repayments made by student loan borrowers as repayments are linked to income, not to the amount borrowed or interest applied. If a borrower is earning above the repayment threshold, repayments are made at a constant ra...