Sale of student loan book

21 July 2014

Commenting on the announcement by the Business Secretary Vince Cable that the Government is no longer planning on selling the student loan book, Dr Wendy Piatt, Director General of the Russell Group, said:

"If the Government no longer intends to use the sale of the student loan book to fund the uncapping of student numbers in England, then we would urge them to abandon this idea. We would be extremely concerned if the substantial funds required to pay for additional students were taken from the already very stretched budget for research and higher education. It would be very worrying if this policy leads to less funding per student. Good teaching requires proper levels of investment."

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