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, whether recent increases in the estimated RAB rate for student loans go beyond his Department’s target impairment for student loans.

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.