Written Question·Department for Education·UIN 115933

Students: Loans

Tabled: 25 February 2026
Answered: 2 April 2026
Named Day

Question

David Reed

ConservativeExmouth and Exeter East

To ask the Secretary of State for Education, what estimate she has made of the net present value impact on the public finances of capping total interest on Plan 2 student loans at 20 per cent of the original principal.

Answer

Josh MacAlister
The department does not hold analysis on the impact on the public finances of capping total interest on Plan 2 student loans at 20% of the original principal value of the loan.