Student loan deja vu

Posted on March 15, 2007
Filed Under Policy |

The FT is speculating that Gordon will privatise the student loan system in his budget next week. This will have the dual effects of raising some extra cash, which can be ploughed into education, and reducing national debt, thereby making the books look healthy.

This was exactly the policy William Hague was suggesting during the 2001 general election; in fact I think it was a manifesto commitment. Hague believed at the time he could get £1.3 billion from it.

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One Response to “Student loan deja vu”

  1. Budget Day- Every Little Helps : The Man Who Would Be King on March 21st, 2007 8:22 am

    [...] privatisation of the Student Loan Company and greater investment in education, especially [...]

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