Privatising the student loan book Watch

balotelli12
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#1
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#1
Wasn't there some know all on here recently saying the secret proposed change of T & Cs couldn't happen?



http://www.independent.co.uk/student...k-8948843.html
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The_Internet
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What? Student loans shouldn't be commercialised imo. Education - I guess so, but student loans, not so

And I'm not saying this because it affects me. It really does not, because Im a 3K-er, so we're better off
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Klix88
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It wouldn't surprise me at all if the Student Finance loan book was eventually flogged off to a commercial enterprise. At the moment, they're high volume, low margin loans, a large proportion of which are not expected to be repaid. If the loan book is sold, the government would get rid of the liability and gain some funds.

It'll take a change of legislation to achieve it, but the current government is very good at that sort of thing. I suspect at the same time, they'll manage to commercialise the repayment tems & conditions in order to make it financially attractive. Heaven help us at that point.
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balotelli12
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I don't think they could "sell" it to the electorate though. They will lose the election after implementing this.
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