Written Question·Department for Education·UIN 113204
Students: Loans
Tabled: 12 February 2026
Answered: 26 March 2026
Question
Michelle Welsh
Labour — Sherwood Forest
To ask the Secretary of State for Education, what assessment she had made of the potential merits of using the Consumer Prices Index for the calculation of interest charges on students loans.
Answer
Josh MacAlisterInterest rates on student loans have been consistently linked to a widely recognised and adopted measure of inflation. Interest rates are set in legislation in reference to the Retail Price Index (RPI) from the previous March and are applied annually on 1...
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