Written Question · S2W-20429 · Session 2
What its estimate was of the average time it would take for graduates to repay their student loans and how this compares to the actual time…
The question
To ask the Scottish Executive what its estimate was of the average time it would take for graduates to repay their student loans and how this compares to the actual time taken in each year since the student loans system was introduced.
The answer
For a 2005 graduate commencing repayment in 2006 the forecast average length of time to repay their student loan is approximately 13 years. It is not possible to provide details on the actual time taken for graduates to repay their student loans in each year since the student loan system was introduced. This information cannot be provided until all loans are repaid.
In the Official Report
No contribution in the Official Report cites S2W-20429 by reference.