HC Deb 08 February 1994 vol 237 cc166-7W
Mr. Jim Cunningham

To ask the Secretary of State for Education what is the value of the average debt incurred by students concluding their courses.

Mr. Boswell

The 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.