§ Charles HendryTo ask the Secretary of State for Education and Skills what plans he has to raise the threshold at which existing graduates start repaying student loans. [151469]
§ Alan Johnson[holding answer 27 January 2004]We plan to increase the threshold for the repayment of student loans from £10,000 to £15,000 with effect from April 2005. The increase in the threshold to £15,000 will apply to all borrowers regardless of when they took our their income contingent student loan.