Question

To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the total amount of student loans outstanding as of January 2015.

The Department for Business, Innovation and Skills (BIS) values all Student Loans on 31 March each year. This is reported in the BIS Annual Report and Accounts. This value includes loans issued, plus interest, less repayments and actual write-offs during the year. The next publication of this value, as at 31 March 2015, will be in the summer.