Written Question·Department for Education·UIN 94511

Students: Loans

Tabled: 25 November 2025
Answered: 2 December 2025
Named Day

Question

Freddie van Mierlo

Liberal DemocratHenley 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 MacAlister
Interest 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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