Sale of Student Loans – not in this parliament?
A tweet from the Social Liberal Forum conference today appears to suggest that Vince Cable and Nick Clegg have decided to oppose any sale of income contingent repayment loans.
Vince: I have agreed with @nick_clegg that sale of student loan book will not go ahead. #slfconf
— Caron Lindsay (@caronmlindsay) July 19, 2014
Tuesday will see the publication of the BIS Committee’s report into student loans and their sale.
update
A BIS spokesperson said: ‘No formal decisions on timing have been made.’
Under the terms of the 2008 Sale of Student Loans Act, the decision to proceed with a sale rests Vince Cable as the relevant Secretary of State.
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