The value of British college loans offered in the a certain academic year could have been increasing seasons-on-12 months. To incorporate a sign of the dimensions of the uk scholar mortgage market, the value of money contingent finance lengthened to help you English domiciled undergraduate people throughout the academic 12 months 2016 to help you 2017 is actually ?12.8 billion. The equivalent contour towards the educational seasons 2010 in order to 2011 is ?5.six billion and 1995 to help you 1996 are ?0.7 million. The sooner 1995 so you’re able to 1996 shape being for everybody Uk youngsters and not only English domiciled of them.

Worth of financing extended

During the 2016 so you can 2017, whenever 63% of your own full extended mortgage well worth was a student in reference to university fees fees, while last year to 2012 this percentage try far lower within 44%, mostly highlighting the rise from inside the tuition costs just like the .