Question to the Department for Education:

To ask the Secretary of State for Education, what estimate his Department has made of the value of plan 1 student loans that will not be repaid.

It is estimated that the value of the plan 1 student loan book that will not be repaid was £13.1 billion as at 31 March 2017, when future repayments are valued in present terms. The face value of the plan 1 student loan book was £42.8 billion at this time. This information is in the public domain and published on page 155 of the Department for Education’s 2016-17 Annual Report and Accounts which can be found at:

https://www.gov.uk/government/publications/dfe-consolidated-annual-report-and-accounts-2016-to-2017.