Table 5: Forecast percentage of borrowers (2020-21 entrants) expected to fully repay student loans, by loan product
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Forecast proportion of borrowers in 2020-21 cohort expected to fully repay student loans by loan product.
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2020-21
- Release type
- Geographic levels
- National
- Indicators
- Proportion expected to fully repay loan
- Filters
- Loan type
- Plan type of loan
- Time period
- 2020/21
Data set preview
| plan_type | loan_type | proportion_expected_to_fully_repay | time_period | time_identifier | geographic_level | country_code | country_name |
|---|---|---|---|---|---|---|---|
| Plan 2 | Higher education full time | 25 | 202021 | Academic year | National | E92000001 | England |
| Plan 2 | Higher education part time | 55 | 202021 | Academic year | National | E92000001 | England |
| Plan 2 | Advanced Learner loans | 25 | 202021 | Academic year | National | E92000001 | England |
| Plan 3 | Master's loans | 70 | 202021 | Academic year | National | E92000001 | England |
Variables in this data set
| Variable name | Variable description |
|---|---|
| loan_type | Loan type - Filter by loan type |
| plan_type | Plan type of loan - Filter by plan type |
| proportion_expected_to_fully_repay | Proportion expected to fully repay loan |
Footnotes
- Master's loans were introduced in August 2016.
- Figures have been rounded to the nearest 5%.
- Includes all borrowers that repay their loan balance in full during their repayment term without any part of it being cancelled.
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England
- Plan 2 loans were introduced in place of Plan 1 loans for new entrants to higher education from September 2012. Part-time higher education fee loans were introduced at the same time and part-time maintenance loans were introduced in August 2018.
- Loan borrowers are assumed to not take out any further loans of the same plan type beyond their current course, but may have a loan of the same plan type from a previous course.
- Advanced Learner Loans were introduced for students aged 24+ on some further education courses in August 2013, and extended to students aged 19-23 in August 2016.
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