To ask the Scottish Executive how many people graduated with a student loan debt of above (a) £10,000, (b) £15,000, (c) £20,000 and (d) £25,000 in each year since 1999.
The following table shows howmany people graduated with a student loan debt of above (a) £10,000, (b) £15,000,(c) £20,000 and (d) £25,000 in each year since 2002. Details of the student loandebt from 1999-2001 are not held centrally.
The figures giving details ofthose with a student loan debt above £10,000 are inclusive of all amounts, for example, the figures giving details of those withdebts above £15,000 are also included in the over £10,000 figure.
Borrowers by Repayment Cohortwith Student Loan Debt Above Given Threshold, Domiciled in Scotland
| Threshold | >= £10,000 | >= £15,000 | >= £20,000 | >= £25,000 |
| Cohort Year | Borrowers | % of Cohort | Borrowers | % of Cohort | Borrowers | % of Cohort | Borrowers | % of Cohort |
| 2002 | 451 | 1% | | | | | | |
| 2003 | 3860 | 9% | 150 | 0% | | | | |
| 2004 | 4640 | 11% | 1680 | 4% | 26 | 0% | | |
| 2005 | 4766 | 11% | 2214 | 5% | 217 | 1% | 2 | 0% |
| 2006 | 4755 | 12% | 1741 | 4% | 361 | 1% | 32 | 0% |
Source: Student Loans Company(SLC).
Notes:
1. Debt calculated at the pointof entering repayment (i.e. 31 March in the cohort year) rather than at point ofgraduation.
2. Separate figures for AccountCohort year even though this may mean splitting the debt for one customer who hasdifferent accounts in different cohorts (reducing average).
3. Inclusion of customers whodid not graduate at all (reducing averages).
4. Inclusion of real interestaccrued up to the point of entering repayment (making the debt at that point realistic).
5. Ignoring any repayments madebefore entering repayment (making the debt at that point look higher than it actuallyis).
6. Includes Income ContingentStyle Loans and mortgage style loans.
8. 2005 excludes debt sold toHonours Trust Limited.
9. Includes finance forhigher education figures.