Question to the Department for Education:

To ask His Majesty's Government what plans they have to review (1) the application of compound interest, (2) the length of repayment periods, and (3) the overall operation of the student loans system.

The government keeps the student finance system under continuous review to ensure that it delivers good value for both students and taxpayers. We set out our plan for higher education (HE) reform through the Post-16 education and skills white paper, published on 29 September.

We are determined that the HE funding system should deliver for our economy, for universities and for students and the government is committed to supporting the aspiration of every person who meets the requirements and wants to go to university.