Written questions

Students: Loans

2026-06-17 · Department for Education · 11240 · Official question

Mr Andrew Snowden

Question

To ask the Secretary of State for Education, what assessment she has made of the potential impact of technical errors affecting Plan 2 loan balances administered by the Student Loans Company on borrowers; and how many borrowers have been affected.

Answer

The two technical errors relating to plan 2 affected 71,000 students and meant 41,000 were not charged enough interest, and 30,000 were charged too much interest.Accounts have now been corrected, meaning that 41,000 students have had their balance increas...