Oral Answers to Questions Debate

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Department: Department for Education

Oral Answers to Questions

Desmond Swayne Excerpts
Monday 24th October 2022

(2 years ago)

Commons Chamber
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Kit Malthouse Portrait Kit Malthouse
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I am afraid that I have not yet seen the report, but I will ask my team to dig it out and give it a look over. If the hon. Lady has specific issues that she wants to raise, I will be more than happy to meet her. Alongside the significant funding that we are putting into the student premium to deal with hardship in the student body, many students who are not living in halls of residence or other tied accommodation will benefit from the wider cost of living package that the Government have put together.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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They will no doubt be relieved on the grounds of the rate of interest they are required to pay on their student loans, won’t they?

Kit Malthouse Portrait Kit Malthouse
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I know that the rate of interest on student loans is a matter of great interest to my right hon. Friend and his constituents. The switch from maintenance grants to loans that are effectively contingent upon income has been a success, in that we have seen during this period a significant increase in the likelihood of 18-year-olds from disadvantaged backgrounds going into higher education, but of course we constantly keep these things under review.