| Heading: |
Students: Loans |
| Question ID: |
1802177 |
| UIN: |
HL7396 |
| House: |
Lords |
| Date tabled: |
2025-05-12 |
| Asking Member ID: |
1796 |
| Asking Member display name: |
Lord Taylor of Warwick
|
| Asking Member handle: |
Lord_ofWarwick
|
| Asking Member Twitter reference: |
@Lord_ofWarwick
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what estimate they have made of the cost of updating IT systems to reflect adjustments to the rate of student loan repayments. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-06-02 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
269 |
| Answering Member display name: |
Baroness Smith of Malvern
|
| Answering Member handle: |
|
| Answering Member Twitter reference: |
Baroness Smith of Malvern
|
| Correcting Member ID: |
|
| Correcting Member display name: |
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| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
The department is responsible for setting the current interest rates for student loans in the UK. These rates are updated annually each September and are primarily linked to inflation, using the Retail Price Index (RPI) from the previous March.The Student... |
| Original answer text: |
|
| Comparable answer text: |
|
| Answering body ID: |
60 |
| Answering body name: |
Department for Education |
| Tweeted: |
true |