UCU comment on student loan book sale

Commenting on today’s announcement (Monday) that the government is going to sell off the student loan books, University and College Union general secretary, Sally Hunt, said: 

‘The government has tried to sell off parts of the student loan book before, but not gone through with it because it didn’t feel the taxpayer would get a good deal. We don’t believe another attempt to bring private companies into the higher education sector can represent a better deal for students or the taxpayer.

‘This is a government that has already moved the goalposts on loan repayment to sting graduates with higher charges, so you can forgive our scepticism when the minister says people with student debts have nothing to fear.’