questionText: To ask the Secretary of State for Education, what assessment she has made of the prevalence of outstanding student loan balances increasing despite repayments being made as a result of high interest charges; and whether her Department is taking steps to review student loan interest rates to ensure excessive financial burdens are not imposed on borrowers.
answerText: As education is a devolved issue, the following response outlines the student finance system in England only. Interest rates on student loans do not affect monthly repayments made by borrowers. Repayments are based on earnings above the applicable repayme...
heading: Students: Loans