Average student loan debt in the UK 2000-2023

Published by D. Clark, Jul 28, 2023
In 2023, students graduating from English universities will have incurred an average of 44,940 British pounds of student loan debt, compared with 35,780 pounds in Wales, 24,500 pounds in Northern Ireland, and around 15,430 pounds in Scotland.

Average student loan debt on entry to repayment in the United Kingdom from 1999/00 to 2022/23, by country (in 1,000 GBP)

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Release date

June 2023

Region

United Kingdom

Survey time period

1999 to 2023

Supplementary notes

The student loan system was implemented in 1998, making the 2002 repayment cohort were the the first to include borrowers who completed a 3 year course.

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