Tag Archives: student loans

Another cockup by this ham-fisted government

For years, our political opponent, especially the hypocritical Labour party, have lambasted us for our role in tuition fees during the coalition, conveniently overlooking Labour’s role of introducing them in the first place after saying they wouldn’t and then introducing top-up fees when they said they wouldn’t.

This ham-fisted government has messed about with student fees ever since getting back into power, first raising the interest rate and then capping it. Saying they would reintroduce maintenance grants and then not doing so.

Now a group of mainly poor working-class students are being told that the people responsible for student loans have mistakenly …

Posted in Op-eds | 8 Comments

Opinion: Selling off the student loan book isn’t such a bad idea

Josh Dixon has written about why he feels selling off the student loan book from the 90’s is a worrying prospect for graduates. Whilst there are rightful concerns raised, the piece fails to clarify some important points about the working of debt and the economic sense behind the most recent sale

The article specifically alludes to the face value of the last student loan book which was around £900 million which was then sold off for £160 million. Whilst this may seem like a massive loss on the most superficial of levels, it is important to understand the other facts …

Posted in Op-eds | 19 Comments
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Recent Comments

  • Paul WalterPaul Walter
    Peter, please see my ample answers above. I have made it perfectly clear what I believe. Best wishes, Paul...
  • Peter Martin
    @ Paul, I accept you are agreeing to an extent. A limited extent. "There are ample legal mechanisms for ensuring that the financial settlement with t...
  • Paul WalterPaul Walter
    Peter: “We shouldn’t tolerate the term “Crown Dependency” being a synonym for “tax haven”.” I don’t know whether you are actually reading my ...
  • David Raw
    I rather thought the 3rd Duke and Duchess of Atholl sold the Isle of Man's feudal and sovereign rights in 1765 for £70,000 via the Isle of Man Purchase Act 176...
  • Roland
    @Peter Martin - I was responding to the curved ? ball Jeff throw out about Motability: If they can't charge VAT then its okay to reclaim the VAT rather than sim...