Baroness Evans of Bowes Park corrected a written answer on Students: Loans

21 December 2015 · Lords written answer · Department for Business, Innovation and Skills

Baroness Burt of Solihull (Liberal Democrat, Life peer) asked written question HL4269 on 7 December 2015. Lord Maude of Horsham answered on 15 December 2015 for the Department for Business, Innovation and Skills, and Baroness Evans of Bowes Park corrected the answer on 21 December 2015. The correction replaced 2 figures (£10.25, £11.05) with 1 figure (£6). Altogether 148 words differ between the two versions.

The question

To ask Her Majesty’s Government what assessment they have made of the impact of changes in student loan repayments to freeze the £21,000 income threshold cap on students and graduates from lower and middle incomes.

Original and corrected answer

Struck through: original only. Bold: correction only.

Original	Corrected
The ~~budget for~~ the ~~Tradeshow Access Programme was £11.05M in 2014/15 and~~ the ~~estimated spend in 2015/16 is £10.25M.~~ ~~For 2016/17 and beyond, UKTI~~ will be ~~reviewing how~~ the ~~Tradeshow Access Programme is aligned with other Export Services as part~~ of the ~~Comprehensive Spending Review settlement. It~~ is ~~therefore not possible to confirm~~ the budget at this stage. I will respond positively to a request for a meeting with the Sponsors Alliance subject to diary commitments.	The Government published an Equality Analysis of the impact of freezing the student loan repayment threshold on 25th November. All borrowers whose earnings are above the repayment threshold will pay around £6 per week more (in nominal terms) by 2020/21. Those individuals with the lowest lifetime earnings will be affected the least, because they will either never earn above the earnings threshold, or will only do so for a more limited period of the loan’s life. The full Equality Analysis is attached, but can also be found at the following link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/479559/bis-15-635-freezing-student-loan-repayment-threshold-equality-analysis.pdf

Original

Corrected

The ~~budget for~~ the ~~Tradeshow Access Programme was £11.05M in 2014/15 and~~ the ~~estimated spend in 2015/16 is £10.25M.~~
~~For 2016/17 and beyond, UKTI~~ will be ~~reviewing how~~ the ~~Tradeshow Access Programme is aligned with other Export Services as part~~ of the ~~Comprehensive Spending Review settlement. It~~ is ~~therefore not possible to confirm~~ the budget at this stage.
I will respond positively to a request for a meeting with the Sponsors Alliance subject to diary commitments.

The Government published an Equality Analysis of the impact of freezing the student loan repayment threshold on 25th November.
All borrowers whose earnings are above the repayment threshold will pay around £6 per week more (in nominal terms) by 2020/21. Those individuals with the lowest lifetime earnings will be affected the least, because they will either never earn above the earnings threshold, or will only do so for a more limited period of the loan’s life.
The full Equality Analysis is attached, but can also be found at the following link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/479559/bis-15-635-freezing-student-loan-repayment-threshold-equality-analysis.pdf

The question and answer on the Parliament website.

More on Baroness Evans of Bowes Park and Lord Maude of Horsham.

Receipt

Read from	https://questions-statements-api.parliament.uk/api/writtenquestions/questions/435694?expandMember=true
Date read	15 October 2026
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