Data set from Student loan forecasts - earnings

Proportion forecast to fully repay

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Published
Last updated
Proportion of Plan 2 and Plan 5 borrowers forecast to fully repay based on earnings 3, 5 and 10 years after SRDD.

Data set details

Theme
Finance and funding
Publication
Student loan forecasts - earnings
Release type
Number of rows
66
Geographic levels
National
Indicators
  • Percentage forecast to fully repay
Filters
  • Earnings band
  • Plan type of loan
  • Years after SRDD
Time period
2022/23 to 2025/26

Data set preview

Table showing first 5 rows, from underlying data
earn_bandplan_typeyears_post_srddperc_repayingtime_periodtime_identifiergeographic_levelcountry_codecountry_name
£0-£10,000Plan 23 years20202223Academic yearNationalE92000001England
£0-£10,000Plan 25 years16202223Academic yearNationalE92000001England
£0-£10,000Plan 210 years9202223Academic yearNationalE92000001England
£0-£10,000Plan 53 years46202526Academic yearNationalE92000001England
£0-£10,000Plan 55 years39202526Academic yearNationalE92000001England

Variables in this data set

Table showing all 4 variables
Variable nameVariable description
earn_bandEarnings band - Filter by earnings band
perc_repayingPercentage forecast to fully repay
plan_typePlan type of loan - Filter by plan type
years_post_srddYears after SRDD - Filter by years post SRDD

Footnotes

  1. Coverage: Borrowers who receive undergraduate loans through Student Finance England. For further details on eligibility, please see the Student Finance England practitioner website: Link to practitioner products section on the SLC website (opens in new tab). Filtered further as described in this publication.
  2. A summary timeline of the introduction of different plan types is available in Table 1.1 in the publication Methodology: Link to student loan forecasts for England methodology
  3. Full repayment is defined as a borrower paying off their loan in full, including interest, excluding any write offs due to reaching the end of their repayment period or other reasons. A borrower’s repayment period is linked to their plan type. For Plan 2 borrowers, the repayment period is 30 years. For Plan 5 borrowers, the repayment period is 40 years.
  4. Proportions have been rounded to the nearest 1%.
  5. Proportions of borrowers within each earnings band vary considerably, with greater model noise in bands with fewer borrowers. Some bands are wider than others to maintain forecast robustness.
  6. Future repayment forecasts are sensitive to economic projections. Inflation and earnings growth projections use the OBR publication Economic and fiscal outlook – March 2026 - Office for Budget Responsibility (opens in new tab).

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Email: he.modelling@education.gov.uk
Contact name: Tony Carter