Question to the Department for Education:
To ask Her Majesty's Government what is their estimate of the value of student loan debt for each of the past five years.
It is not possible to provide the complete information requested within the body of the answer as this would exceed the word limit for responses. Please see the below links to the relevant reports. A copy of these reports will also be deposited in the Libraries of both Houses.
The valuation of the loan book is listed in the annual reports on GOV.UK, at the following link: https://www.gov.uk/government/collections/dfe-annual-reports. The note on loans under the ‘Notes to Accounts’ section lists both the carrying and face value of the loan book.
For the 2019-20 annual accounts, the details for the carrying value are on page 195 and the details for the face value of the loan book are on page 202: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/932898/DfE_consolidated_annual_report_and_accounts_2019_to_2020__web_version_.pdf.
For the 2018-19 annual accounts, the details for the carrying value are on page 159 and the details for the face value of the loan book are on page 161: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/906353/DfE_Consolidated_annual_report_2018-19_web.pdf.
For the 2017-18 annual accounts, the details for the carrying value are on page 147 and the details for the face value of the loan book are on page 148: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/728074/DfE_annual_reports_and_accounts_17_to_18_-_WEB.pdf.
For the 2016-17 annual accounts, the details for the carrying value are on page 154 and the details for the face value of the loan book are on page 155: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/630523/DfE_Consolidated_annual_report_and_accounts_2016-17_WEB.pdf.
For the 2015-16 annual accounts, the details for the carrying value are on page 177 and the details for the face value of the loan book are on page 178: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/537425/bis-annual-report-accounts-2015-16-web.pdf.