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

  • Peter Martin
    @ Joe, The figures on % on world trade you mentioned may well be correct. However, previously, you said: "a new Bretton Woods would require an agreem...
  • Lorenzo Cherin
    I think Sir Vince Cable, like Tony Blair, talks sense and tripe, both! I would not expel them, either of these two. Corbyn was not expelled. And he did hi...
  • Joe Bourke
    John Oundle, China is growing in terms of world trade but as regards currency use the US dollar is the global reserve currency and dominant medium of Interna...
  • Rif Winfield
    The question as to whether the Chinese practices in Xinjiang (or for that matter in Tibet or Hong Kong) constitute genocide are a matter of the legal interpreta...
  • Rif Winfield
    I am not going to offer any comment on Vince Cable's appearance on a platform with Nigel Farage except to say I consider it a misjudgment. I did not personally ...