Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Liam Byrne on 2014-03-31.

To ask the Secretary of State for Business, Innovation and Skills, what his Department’s current target impairment for student loans is; how such a level was decided on; when this target was introduced; and what change there has been in this target since its introduction.

Mr David Willetts

This Department does not set a target for impairment of student loans. Our reforms were designed to put higher education on a sustainable footing. Universities are now well-funded and this is driving up the quality of the student experience and helping to stimulate economic growth, while keeping access to higher education free at the point of entry.