questionText: To ask the Secretary of State for Education, what hardship protections are available to student loan borrowers experiencing financial pressure, and what assessment the Department has made of the potential impact of the absence of interest freezes or repayment relief during such periods.
answerText: The student finance system is designed to function differently to a commercial loan. Borrowers are protected if they see a reduction in their income for any reason. Weekly or monthly student loan repayment amounts are based on a borrower’s monthly or week...
heading: Students: Loans