Guidance

SLC Statistics: Use made of the Official Statistics

Updated 28 November 2024

This page was last updated/reviewed on 28 November 2024.

1. Introduction

The use made of SLC Official Statistics fall within the following classes:

• Informing the general public’s choices about b) service providers, c) lifestyle choices and d) the state of the economy and society
• Government decisions about policy
• Informing private sector commercial choices (e.g. those targeting markets such as debt collection, services to disabled students, Loan Book purchase)
• Supporting third sector activity (e.g. those third sector organisations commenting on and lobbying on HE policy)
• Facilitating academic research

2. Key users of SLC Official Statistics

The key users of the ‘Student Support’ Official Statistics are those with a direct interest in the effect of student support policy on Higher Education students; on their number; their profile; and the type of institution they attend. As well as the student support policy makers themselves, the users include the National Union of Students, the institutions themselves; researchers and commentators on Higher Education policy.

The key users of the ‘Student Loans’ Official Statistics are those interested in the effect of student loans debt on the individuals who take out student loans as well as on the UK economy as a whole. The Higher Education sector users have an interest, but that interest is less direct than it is with the ‘Student Support’ Official Statistics. For the ‘Student Loans’ series there are users with a particular interest such as the Bank of England, HMRC and the Treasury.

3. Use made of the SLC Official Statistics

In our user consultations we ask the users what they will use the statistical information for. The answers given provide a very good summary of the range of uses made both within and outside of Government. The responses include:

• Policy analysis
• Estimating costs, answering parliamentary questions and queries from MPs and media
• Articles on higher education policy and the student loan system
• Policy analysis and student support modelling and forecasting
• Journalistic purposes (in stories to show the financial situation of students)
• Monitoring costs and help with monitoring student numbers
• To assess impact of this policy on the repayment process and to look at what we can do if the stats suggest any improvements could be made
• Policy analysis, media enquiries, public information on student funding and for comparative purposes for systems within the UK
• Research and learning resources
• Research, to support policy makers
• Academic research into the effects of the student support system
• Dissertation reports, e.g. on the financial incentives given by the UK, to provide students with the funding to go into further education

The House of Commons Library updates their statistical analysis of student finance each time SLC publishes another year’s worth of statistics. This provides a quick reference document for MPs and the public alike.

In addition, we can see how the Official Statistics are used by the number and type of follow-on questions received via Parliamentary Questions, Freedom of Information requests and Press enquiries. These cover topics such as:

• The /average student loan debt incurred by particular groups e.g. cohorts, courses, location etc.
• The number of students who benefit from additional targeted support
• The effectiveness of repayment processes including debt recovery and collection from borrowers now resident overseas
• The effectiveness of new processes in regard to student loan refunds
• Breakdowns of the published data (by geographical area such as local authority or constituency or by institution etc)

4. Examples of usage

• The House of Commons Library updates their Student Loans Briefing Paper each time we release a new set of our two annual statistics series (‘Student Loan’s and ‘Student Support’). It provides a summarised reference point for MPs and for everyone who is aware of the House of Commons Library resources.
• WonkHE takes a detailed look at student number trends and associated income – WonkHE
• Number of UK graduates repaying loans rises to 2.5mn - Business Telegraph
• Has 2020 really had no impact on early non-continuation? WonkHE
• Nearly 20,000 students withdraw from UK courses - Time Higher Education
• Student loan debt reaches record £205bn - The Times
• Relief for students as interest rates on loans are slashed to 6.3 per cent to protect graduates from soaring inflation – Daily Mail
• University dropout rates reach new high, figures suggest - BBC