questionText: To ask the Secretary of State for Education, what assessment she has made of the potential impact of trends in the level of student debt on the financial stability of people in Yeovil constituency.
answerText: Unlike commercial loans, student loans carry significant protections for borrowers. Student loan repayments are linked to income, not to the amount borrowed or interest applied. Repayments are made at a constant rate of 9% above the earnings threshold, an...
heading: Students: Finance