Students: Loans
Commons · Question 120931 · Tabled 16 Mar 2026 · Department for Education · Official record
Answered 23 Mar 2026
Question
Asked by Ian Byrne
To ask the Secretary of State for Education, what assessment her Department has made of the potential impact of interest rates applied to income-contingent student loans on the total level of graduate debt.
Answer
Answered by Josh MacAlister, 23 Mar 2026
The department does not hold analysis on the impact of interest rates on total level of graduate debt.No Plan 5 borrower should see their loan balance grow in real terms without additional outlay, as the rate of interest for Plan 5 loans is applied at Ret...