To ask the Scottish Executive what the average student debt was of a student leaving a higher education institute in Edinburgh in each of the last five years.
Data on the average debt held by former students leaving higher education in Edinburgh is held by the Student Loans Company. This information is provided in the following table. The table includes information on students who participated in higher education at either a higher education institution or college in Edinburgh. The vast majority will have participated in higher education at a higher education institution.
Average debt is calculated at the point of entering repayment (i.e. 31 March of the cohort year) rather than at the point of leaving higher education. Hence the 2009 cohort year refers to those students who left higher education in 2008, the 2008 cohort year refers to those students who left in 2007 and so on.
Average Debt of Borrowers Who Participated in Higher Education in Edinburgh
Account Cohort Year | Count of Borrowers | Average Debt |
2005 | 6,000 | £6,900 |
2006 | 6,000 | £6,730 |
2007 | 5,800 | £6,710 |
2008 | 5,800 | £6,120 |
2009 | 5,600 | £6,370 |
Source: Student Loans Company.
Notes:
1. Count of Borrowers rounded to the nearest 100.
2. Average Debt rounded to the nearest £10.
3. Institutions based in Edinburgh and included in the table are: University of Edinburgh, Edinburgh College of Art, Queen Margaret University College, Free Church of Scotland College “ Edinburgh, Heriot-Watt University, Stevenson College - Edinburgh, Telford College “ Edinburgh, Edinburgh School of Dental Hygiene and Therapy, Edinburgh Napier University and Scottish Agricultural College.