Student Loans

Education and Skills written question – answered on 16th October 2006.

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Photo of Justine Greening Justine Greening Vice-Chair (Youth), Conservative Party

To ask the Secretary of State for Education and Skills how many people owe money to the Student Loans Company, broken down by those who owe (a) £1,000-£3,000, (b) £3,001-£6,000, (c) £6,001-£10,000, (d) £10,001-£15,000 and (e) over £15,001.

Photo of Bill Rammell Bill Rammell Minister of State (Lifelong Learning, Further and Higher Education), Department for Education and Skills

The table shows UK borrowers with publicly-owned student loans in March 2006 by bands of amount owed.

£000
Income-contingent loans Mortgage-style loans
Less than £1,000 108.2 147.2
£1,000-£3,000 428.8 225.7
£3,001-£6,000 452.0 173.1
£6,001-£10,000 609.6 44.6
£10,001-£15,000 540.5 2.0
Greater than £15,000 152.0
All borrowers 2,291.1 592.5
Source:

Student Loans Company

The table shows all borrowers, including those not yet due to repay and those below the relevant income threshold for repayment who entered higher education up to academic year 2005/06. Borrowers are shown by the size of their loan balance in March 2006.

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