Written Question·Department for Education·UIN 115929
Students: Loans
Tabled: 25 February 2026
Answered: 27 March 2026
Named DayQuestion
David Reed
Conservative — Exmouth and Exeter East
To ask the Secretary of State for Education, what assessment she has made of the adequacy of the interest charged on Plan 2 student loans for meeting the Government’s cost of (a) borrowing to finance those loans and (b) estimated write-offs.
Answer
Josh MacAlisterThe estimated write offs are reflected in the Resource and Accounting Budget (RAB) charge, the government subsidy anticipated on student loans issued in any particular financial year. The RAB charge is forecast at 32% of total full-time plan 2 loans issue...
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