Written questions

Debts Written Off: Students

2026-06-29 · Department for Education · HL1481 · Official question

Lord Hain

Question

To ask His Majesty's Government what is their latest estimate of the total public liability for student debt written off by the Treasury.

Answer

The department estimates the government subsidy on student loans issued in any particular financial year via the Resource Accounting and Budgeting (RAB) charge. This is calculated as the present value of student loan outlay less expected future repayments...