Written Question·Department for Education·UIN 94511
Students: Loans
Tabled: 25 November 2025
Answered: 2 December 2025
Named DayQuestion
Freddie van Mierlo
Liberal Democrat — Henley and Thame
To ask the Secretary of State for Education, what assessment she has made of the fairness of calculating student loan interest at RPI rather than CPI.
Answer
Josh MacAlisterInterest rates are set in legislation in reference to the Retail Price Index (RPI) from the previous March, not the Consumer Price Index (CPI), and are applied annually on 1 September until 31 August. This ensures that over a period of years, interest rat...
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