Students: Loans
Commons · Question 115149 · Tabled 23 Feb 2026 · Department for Education · Official record
Answered 31 Mar 2026
Question
Asked by Calum Miller
To ask the Secretary of State for Education, if she will make an estimate of the potential impact to the public pursue of (a) cancelling all outstanding student loan balances on existing borrowers; (b) cancelling all outstanding student loan balances for
Answer
Answered by Josh MacAlister, 31 Mar 2026
Cancelling all outstanding student loan balances for existing student loan borrowers would lead to reduction of the fair value of the entire loan book to zero. The fair value of the student loan book, published in the most recent annual accounts, as at 31...