Data set from Student loan forecasts for England

Resource Accounting and Budgeting (RAB) charge for Upside and Downside OBR economic Covid scenarios

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Data set details

Theme
Finance and funding
Publication
Student loan forecasts for England
Release type
Geographic levels
National
Indicators
  • RAB charge (Central scenario)
  • RAB charge (Downside scenario)
  • RAB charge (Upside scenario)
Filters
  • Loan type
  • Plan type of loan
Time period
2019-20

Data set preview

Table showing first 3 rows, from underlying data
plan_typeloan_typetime_periodcentraltime_identifiergeographic_levelcountry_codecountry_nameupsidedownside
Plan 2Higher education full time loans20192053Financial yearNationalE92000001England5255
Plan 2Higher education part time loans20192045Financial yearNationalE92000001England4446
Plan 2Advanced Learner Loans20192069Financial yearNationalE92000001England6870

Variables in this data set

Table showing all 5 variables
Variable nameVariable description
centralRAB charge (Central scenario)
downsideRAB charge (Downside scenario)
loan_typeLoan type - Filter by loan type
plan_typePlan type of loan - Filter by plan type
upsideRAB charge (Upside scenario)

Footnotes

  1. Figures have been rounded to the nearest 1%.
  2. 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.
  3. The decision was made to no longer forecast a RAB charge for Plan 1 loans as there are too few borrowers still receiving these to produce a reliable forecast.
  4. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
  5. The RAB charge is the proportion of loan outlay made during the financial year that we expect not to be repaid when future repayments are valued in present terms.
  6. 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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