Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Innovation and Skills, what the total amount of student debt (a) repaid and (b) outstanding was in each of the last 10 years.
The Student Loans Company (SLC) administers student loans for each of the UK Government Administrations. Statistics covering English loans are published annually by SLC in the Statistical First Release ‘Student Loans in England’. Data for each devolved administration has been reported separately since 2007-08.
http://www.slc.co.uk/official-statistics/student-loans-debt-and-repayment/england.aspx
Table 1 of the Statistical First Release contains information on the total amounts of income-contingent repayment (ICR) student loans repaid and outstanding. The most recent data refers to the 2014-15 financial year. The amount of ICR student loans repaid during the financial year was £1.6 billion, and the amount of student loans outstanding at the end of the financial year was £64.7 billion.
Earlier Statistical First Releases, which contain information on previous financial years can be found at: