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Tag Archives: student loan privatisation

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

By Joshua Dixon | Wed 27th November 2013 - 8:57 am

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. …

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Posted in Op-eds | Also tagged Danny Alexander and vince cable | 29 Comments

Opinion: Which side are we on?

By David Gray | Tue 26th November 2013 - 8:53 am

Allegations 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 …

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Posted in Op-eds | Also tagged featured, rbs and royal bank of scotland | 57 Comments

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