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Students: Finance

Business, Innovation and Skills written question – answered on 4th March 2011.

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Photo of Amber Rudd Amber Rudd Conservative, Hastings and Rye

To ask the Secretary of State for Business, Innovation and Skills if he will estimate the number of graduates resident in (a) Hastings borough council area, (b) Hastings and Rye constituency, (c) East Sussex and (d) England who have not made a student loan repayment since the present system of student finance came into operation.

Photo of David Willetts David Willetts Minister of State (Universities and Science)

The estimated number of borrowers residing in Hastings and Rye, East Sussex and England who have not made any loan repayments since the present system of income contingent loan repayments came into operation is shown in the following table:

Latest known address( 1)
Hastings and Rye (constituency) East Sussex (region) England (nation)
Number of borrowers(2) 700 3,500 397,400
(1) This corresponds to the address given by the borrowers when they opened the last loan account. The borrower may have moved elsewhere since.

(2) The table covers all cohorts liable to repay with at least one tax year processed-ie those who came into repayment during tax year April 2000/01 to April 2008/09 inclusive. It includes borrowers currently earning under the repayment threshold unless they chose to make a repayment.

Note:

Figures are rounded to the nearest 100.

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