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average student loan debtTelegraph
•
72% Informative
At least 70,000 people with higher education loans living overseas have failed to make repayments.
Student Loan Company has not raised legal proceedings against debtors living abroad since 2017 .
The SLC has done so just 12 times since 2005 , according to FOI requests.
The average student loan debt for those starting to repayments in the 2023-24 academic year was 48,470 .
David
, 27 , moved to France after graduating from a British university years ago .
SLC raised legal proceedings against debtors living overseas just 12 times between 2005 and 2017 .
The SLC pursues overseas customers via an external debt collection company called Transcom Worldwide .
In France graduates must repay 9pc of their annual earnings over 21,840 , while in the UK this threshold is 27,295 .
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