§ Mr. Jim CunninghamTo ask the Secretary of State for Education what is the value of the average debt incurred by students concluding their courses.
§ Mr. BoswellThe information is as follows:
Course completed at end of academic year 1992–93 Average (mean) debt outstanding £ Commercial borrowing: 1Younger students (aged 26 or less at start of course) 430 Student loans: 2All students 440 1Source: Student Income and Expenditure Survey 1992–93 2Source: Student Loans Company Information on average commercial borrowing by older students is not currently available: hence the two figures should not be added.
167W