questionText: To ask the Secretary of State for Education, whether she has made an assessment of the potential impact of changing the (i) interest rate, for example to CPI, for existing student loan borrowers and (ii) maximum period before student loans are written off
answerText: Reducing the interest rate charged to existing student loan borrowers would lead to reduced future repayments due to some borrowers paying off their loans faster, and therefore represent a cost to the public purse.Increasing the maximum period before stud...
heading: Students: Loans