Nicholas Brown – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Nicholas Brown on 2015-10-28.

To ask the Secretary of State for Business, Innovation and Skills, what the evidential basis is for the proposition that freezing the repayment threshold for plan 2 student loans is likely to result in student loans being repaid to a greater extent than under the current terms.

Joseph Johnson

Estimates of the impact of freezing the repayment thresholds for borrowers are illustrated in the consultation document, which has been published here:

https://www.gov.uk/government/consultations/freezing-the-student-loan-repayment-threshold

These are based on analysis using the Department’s Student Loan Repayment Model: further details on the model are available at the Department’s website https://www.gov.uk/government/publications/simplified-student-loan-repayment-model

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