More unbearable rubbish re student loans from our ghastly government

I received the  information below in an email – can this really be possible?  Can they do this?

 

There have been rumours for a few weeks that the UK coalition government intends to privatise the Student Loans Company. This intention was, it seems, yesterday confirmed by Danny Alexander. To my knowledge, only the New Statesman has picked up on it:

http://www.newstatesman.com/economics/2013/06/danny-alexander-confirms-student-loan-book-will-be-privatised

 

There are grave anxieties around the privatisation of loans, and in particular fears that commercial pressures will lead to the cap on interest rates being lifted. These fears are exacerbated by a leaked memo suggesting that the interest on existing loans could be increased retrospectively:

http://www.guardian.co.uk/money/2013/jun/13/raise-interest-rate-student-loans-secret-report

 

If you are concerned about this, do consider signing a petition, and sharing it among friends and colleagues, and on social media:

http://www.change.org/en-GB/petitions/uk-government-don-t-privatise-student-loans-2?utm_campaign=twitter_link&utm_medium=twitter&utm_source=share_petition#

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: