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1027709

	registered interest
	date	18/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the amount by which the deficit will increase in 2018 as a result of the ONS decision on the treatment of student loans in Government accounts.
	tabling member constituency	Ilford North
	tabling member printed	Wes Streeting
	uin	203421
	answer	answer is ministerial correction date of answer 07/01/2019 answer text <p>The Office for Budget Responsibility (OBR) published estimates of potential impacts of the new treatment on the deficit in their October 2018 Economic and fiscal outlook, which is available here: https://obr.uk/box/accounting-for-student-loans/</p><p> </p><p>However, the Office for National Statistics (ONS) has made it clear that there is a lot to decide before their methodology is finalised. The ONS currently aim to fully implement the new treatment for student loans in the public sector finances in September 2019.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 07/01/2019 14:23:44 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4504 label Biography information for Wes Streeting

947674

	registered interest
	date	24/07/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what representations his Department has made to the Office for National Statistics on their work on considering alternative treatments for student loans in the national accounts.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	167879
	answer	answer is ministerial correction date of answer 04/09/2018 answer text <p>National accounts classification decisions are the responsibility of the independent ONS, following international accounting standards. The Treasury assist the ONS in collating information that is pertinent to their decisions.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 04/09/2018 14:19:37 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	178 label Biography information for John McDonnell

788413

	registered interest
	date	13/11/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what target has been set for the Resource and Accounting Budgetary Charge on student loans.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	112729
	answer	answer is ministerial correction date of answer 16/11/2017 answer text <p>HM Treasury sets a target Resource and Accounting Budgetary (RAB) Charge to the Department for Education as budgetary measure to help manage the costs of student loan book. The current target RAB charge is 36%, published online here:</p><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/557414/Correction_slip_HC_362.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/557414/Correction_slip_HC_362.pdf</a></p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 16/11/2017 14:52:57 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4356 label Biography information for Angela Rayner

999322

	registered interest
	date	31/10/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to table A.1 on page 231 of the Office for Budget Responsibility's Economic and fiscal outlook: October 2018 publication, what estimate he has made of the loss to the public purse of revenue arising from the sale of student loans in each year of the forecast period.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	186328
	answer	answer is ministerial correction date of answer 05/11/2018 answer text <p>The programme of sales of pre-2012 income-contingent student loans is intended to raise £15bn in total by 2022/23, reducing Public Sector Net Debt. Each sale is subject to market conditions and a value for money test, which takes into account foregone repayments and assesses whether the government is better off holding or selling the assets when taking account of the time value of money, the effect of inflation, the riskiness of the asset and the opportunity cost of having money tied up in that asset. The government does not publish a year-by-year estimate of the sales programme, as the timing and size of sales remain flexible in order to maximise value for money. The National Audit Office reviewed the first sale and concluded that the government achieved value for money.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 05/11/2018 15:26:02 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4356 label Biography information for Angela Rayner