questionText: To ask the Secretary of State for Education, what assessment she has made of the potential impact of Plan 2 student loan interest rates on borrowers, particularly in relation to (a) long-term debt balances and (b) the ability of borrowers to (i) access mortgages and (ii) manage the cost of living.
answerText: The size of outstanding student loans does not prevent access to a mortgage, and student loan balances do not appear on borrower credit records, therefore the total size of a student’s debt is not considered in a mortgage application.Monthly student loan ...
heading: Students: Loans