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<p>The government is always looking for ways to improve communications with borrowers,
and we welcome this contribution to the post-18 review of education and funding from
the Russell Group and Martin Lewis from Money Saving Expert on the Graduate Contributions
Statement. Work on the review is still ongoing. The independent panel will report
before the government concludes the overall review.</p><p> </p><p>The current student
loan statements are fit for purpose, providing borrowers with the relevant information
about their accounts, including loans balance, repayments made and interest accrued
over the previous tax year. Student loan borrowers currently receive account statements
annually. We are continually working to improve the repayment system for borrowers
and are currently exploring how students taking out a student loan can have better
online access to much more up to date information on their repayments.</p><p> </p><p>
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