Tag Archives: student loan privatisation

Opinion: Why the student loan privatisation is a worrying prospect for graduates

For the first time in five years, the UK has seen a 4% rise in unsecured borrowing – the figure now amasses to an eye-watering £216bn. A report by Price Waterhouse Coopers revealed that this £8.5bn rise was almost entirely due to the rise in student borrowing. Students starting University, on average, are set to be straddled with debt that of £40 – 50,000.

As a graduate, already worrying about clearing my debt, the Government has given me more cause for worry. This week, the sale of the mortgage-style student loans taken out between 1990 and 1998 took place. …

Posted in Op-eds | Also tagged and | 29 Comments

Opinion: Which side are we on?

RBS logoAllegations have recently come to light that RBS engaged in a programme of ‘deliberately wrecking small businesses’ in order to seize their assets on the cheap and boost their own profits. The case is another story in which we, the public, are shocked but not surprised. The response of the government and, in particular, Vince Cable will be watched very closely indeed.

It is interesting to view this story in the light of other recent events.

Take the sale of a student loans book to an investment consortium at a price …

Posted in Op-eds | Also tagged , and | 57 Comments
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Recent Comments

  • Neil Sandison
    This one of a series of articles recently published in the Liberal Democrat Voice that defines our social liberal values . Frequently the hot house of Westminst...
  • Pawel Urbanski
    This is the right problem to be working on, and I think the answer may be less about the words than about the moments. In my experience people learn what we sta...
  • Simon Robinson
    It's good to have an MP putting herself forward for this. The manifesto seems a bit vague though. All good thoughts and nothing you can really disagree with, b...
  • Robin Bennett
    I am sure Alan will have the sympathies of all of us. The situation is sad and frustrating. Forgive me for making one small point, Alan: you said that 40 Ho...
  • Jonathan Brown
    @George - me too. I know that not everyone is happy about this, but it's perfectly reasonable policy and I think all care is being taken to try to reassure thos...