Written Question·Department for Education·UIN 120931

Students: Loans

Tabled: 16 March 2026
Answered: 23 March 2026

Question

Ian Byrne

LabourLiverpool West Derby

To ask the Secretary of State for Education, what assessment her Department has made of the potential impact of interest rates applied to income-contingent student loans on the total level of graduate debt.

Answer

Josh MacAlister
The department does not hold analysis on the impact of interest rates on total level of graduate debt.No Plan 5 borrower should see their loan balance grow in real terms without additional outlay, as the rate of interest for Plan 5 loans is applied at Ret...

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