Students: Loans
(asked on 11th June 2014) - View Source
Question
To ask the Secretary of State for Business, Innovation and Skills, what recent estimate his Department has made of the RAB charge for student loans issued after 2012.
This question was answered on 18th June 2014
We estimate the RAB charge on these loans to be around 45%.
The actual cost of issuing student loans will be dependent on future macro-economic circumstances, in particular earnings and we will continue to update our forecasts on a regular basis to take account of changes to short term and long term macro-economic assumptions.