Question

To ask the Secretary of State for Business, Innovation and Skills, what the estimated RAB charge is for full-time undergraduate students in England; and what data this calculation is based on.

The latest RAB charge was published in response to a Parliamentary Question from the Rt hon Member for Birmingham, Hodge Hill (Liam Byrne) on 20 March 2014, Official Report, Col 706W.

We shall be publishing in July an updated estimate of the RAB charge on my Department’s website, alongside the publication of an updated version of the simplified model and BIS accounts. The data used in the calculation come from the Student Loans Company, which supplies repayment data. Publicly available survey data sources, such as the Labour Force Survey and the British Household Panel Survey, are also used in calculating the estimate.