Roberta Blackman-Woods (City of Durham) (Lab)

- Hansard - - Excerpts

I want to present a petition on behalf of residents of Durham and students of Durham university. The petition states:

The Petition of residents of Durham and students of Durham university

Declares that the Petitioners believe that selling the student loan book to the private sector would be a disastrous move; further that the Petitioners believe that in order to make the student loan book profitable for private companies, privatisation would need to be accompanied by an increase in the financial burden placed on graduates; and further that the Petitioners believe that student debt has already reached huge levels and increasing the burden of debt further, as is inevitable if student loans are privatised, would be grossly unfair and equivalent to a huge retroactive hike in tuition fees.

The Petitioners therefore request that the House of Commons urges the Government to abandon the sale of the student loan book to private companies.

And the Petitioners remain, etc.

[P001336]