Question

To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the proportion of student loans that have been issued in the last five years that are expected to be repaid in full.

Our modelling indicates that, under the pre-2012 system, around 60% of students will fully repay their loans. For the post-2012 system this figure is around 40%. These figures relate to the proportion of students with loans. The RAB charge is a different calculation, which estimates the proportion of the entire student loan book that will not be repaid.