Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what target has been set for the Resource and Accounting Budgetary Charge on student loans.

HM Treasury sets a target Resource and Accounting Budgetary (RAB) Charge to the Department for Education as budgetary measure to help manage the costs of student loan book. The current target RAB charge is 36%, published online here:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/557414/Correction_slip_HC_362.pdf