Linked Data API

Filter

These are the filters currently being used to limit the search results. Click on the remove filter icon to remove the filter.

answer › answer text	%3Cp%3EThe Resource Accounting and Budgeting (RAB) charge estimates the value of loans that will not be repaid during their 30-year term. This is usually expressed as a percentage of the loan outlay made in the relevant year.%3C/p%3E%3Cp%3E %3C/p%3E%3Cp%3EThe estimate of the RAB charge referenced in the question appears to have been taken from the 2014 Institute for Fiscal Studies report on %E2%80%9CEstimating the public cost of student loans%E2%80%9D. However, the most recently published Institute for Fiscal Studies report of July 2017 has updated this estimate to 31.3%25. This is broadly similar to the Government%E2%80%99s estimate of the RAB charge at around 30%25 for full time tuition fee and maintenance loans and part time fee loans issued in 2016/17.%3C/p%3E%3Cp%3E %3C/p%3E
answer › date of answer	2017-08-09
max answer › date of answer	2017-08-09

Sort by

This list shows the properties that you can sort by. Click on to sort in ascending order and to sort in descending order. The properties that you're currently sorting by are shown at the top of the list. Click on remove this sort to remove a sort and or to reverse the current sort order. Click on the remove all sorting icon to remove all the sorting. Note that sorting can significantly slow down the loading of the page.

View

Choose what information you want to view about each item. There are some pre-defined views, but starred properties are always present no matter what the view. You can star properties by clicking on the icon. The currently starred icons have a icon; clicking on it will unstar the property.

Items per page

Choose how many items to view on each page. The more items you view, the longer the page will take to load.

Show Search Form

Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

749230

registered interest

date

06/07/2017

answering body

Department for Education

answering dept id

answering dept short name

Education

answering dept sort name

Education

hansard heading

Children: Social Services

house id

legislature

25277

	pref label	House of Lords

question text

Her Majesty's Government what is their response to the analysis in the report of the Institute for Fiscal Studies on the public cost of student loans that, for each £1 loaned to cover costs of tuition and maintenance, the long-term cost to the Treasury is 43.3p.

tabling member printed

Lord Hunt of Kings Heath

uin

HL566

answer

is ministerial correction

date of answer

09/08/2017

answer text

The Resource Accounting and Budgeting (RAB) charge estimates the value of loans that will not be repaid during their 30-year term. This is usually expressed as a percentage of the loan outlay made in the relevant year. The estimate of the RAB charge referenced in the question appears to have been taken from the 2014 Institute for Fiscal Studies report on “Estimating the public cost of student loans”. However, the most recently published Institute for Fiscal Studies report of July 2017 has updated this estimate to 31.3%. This is broadly similar to the Government’s estimate of the RAB charge at around 30% for full time tuition fee and maintenance loans and part time fee loans issued in 2016/17.

answering member printed

Baroness Sugg

question first answered

09/08/2017 16:22:22

answering member

4584

	label	Biography information for Baroness Sugg

tabling member

2024

	label	Biography information for Lord Hunt of Kings Heath