Students in England now graduate with average debt of £53,000, data shows

Student Loans Company figures show 10% jump in a year as individuals increase borrowing to meet cost of living

Students in England are finishing their degrees with government loans averaging £53,000, a jump of 10% in a year, as they increase their borrowing to meet the rising cost of living.

The Student Loans Company (SLC) has released figures showing individual loan balances were £5,000 higher in 2024-25 than a year earlier, when the average in England was £48,270.